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2.6¢ tombola gold ltd

Ann: Trading Halt, page-42

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buddy134

24,386 Posts.

176

17/04/20

10:51

Post #: 44096257
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Originally posted by slipperymack ↑

Interesting Yuyang. Do you know much about Pepinnini?
It seems for the deal they recently pulled out of with Patron, they needed to pay $1.2m, and had to raise $1m to do so. How are they going to pay $4m for Gilded Rose? I haven't done any more research on them than that.
Personally, I would have liked to keep the gold at Gilded Rose, being a soon to be gold miner. It could be worth heaps if gold gets to US$2000.
We could have waited for some good news at Burra or Cloncurry, and for a natural turn in the market, and raised enough to start Mt Freda. (Too late now?)
Maybe there is so much gold at Cloncurry, one small asset within the mining hub is expendable??

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If it is Peppinini and at the current share price they show,

Pepinnini Lithium Ltd
ASX: PNN
0.0020 AUD

I don't know how they can have the money to pay us. I could be wrong but....

With that in mind I would like to know the full terms and condition of this sale.

AMG Price at posting: 4.4¢ Sentiment: None Disclosure: Not Held
1 Upvote

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