Share
1,413 Posts.
lightbulb Created with Sketch. 197
clock Created with Sketch.
25/03/22
11:42
Share
Originally posted by Gwaihir:
↑
I had based my buying patterns up to date based on TIE being fully funded via the debt. If something has happened with the debt process, if there has been some delay, I would have expected to be informed of this from the company via an ASX announcement before any capital raising or alternative funding process was being considered. This did not happen. The dilution is not welcome, nor is the likely fall in the stock price, especially as we have a strong gold price environment. This lack of information does not support a fair and fully informed market. It would be interesting to know the reasons behind Nordesmic's assumptions in his previous video, as Joelstar has alluded to, because no-one else saw this coming. I don't like it when a company is not "proactive with their transparency", or clear with their reasoning before any major event. There needs to be more shareholder respect. There needs to be less ruction and less surprise. Gw
Expand
I agree with this. They haven't officially ticked off FID yet have they? Maybe that was a covenant? But given the project economics, gold price and Taurus' history I can't see them getting cold feet. Who knows. Anyone seen the term sheet yet?