TPD 0.00% 21.0¢ talon energy ltd

Ann: Trading Halt, page-60

  1. 847 Posts.
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    Going back and reading the last CR it makes things a bit clearer. The last raise was basically to keep the lights on / buy into Mongolia while debt facility was established for Walyering. That obviously that never eventuated so they've had to do a CR. Would not expect they need to raise $14M now a month~ out from production though. Still waiting to know the full story.

    https://hotcopper.com.au/data/attachments/5094/5094572-6570f14ed6e8aafab0c160ed24896428.jpg


    The company estimated they had 2.29 quarters of funding available at the end of 2022 so I do think this situation warrants a please explain from Colby when the dust settles.

    https://hotcopper.com.au/data/attachments/5094/5094599-4cea3bbc0b04edcfd72a3abd23623039.jpg


 
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