TG6 3.33% 15.5¢ tg metals limited

Ann: Trading Halt, page-196

  1. 598 Posts.
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    The last update of the drilling will be two weeks ago on Monday. It said there that the first results would be back within two weeks. Assuming that there was no hold up at the lab, we would expect assays to be announced Monday along with the details of the cap raise.

    For black/white scenarios:

    Part of me hopes this is a genius move (despite the contrary info given at the conference, that wasn't genius) in that good results will offset negative sentiment from the cap raise. If they are released the same morning, everyone will be looking at the drilling results and won't give a stuff about the cap raise.

    The other scenario is there is a cap raise and the drilling is bad so then we will drop 40%


 
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