Madaz, you live in dream land, the first tranche on the loan is $18M, TNC has allocated $13M to refinance the Rehab to the DOR/DES Qld Gov, $5M to repay a private loan....All gone! Of the $10M raised recently its all gone as well! Admin/Staffing Costs/Exploration. Current cash position as of 31st Dec is $1.63M, that's it. Tranche 2 will be paid when mining/production starts. How can you start with $1.63M? The Cairns office will dissolve that each month. Sorry to say, but its not looking good. My guess Marty will be gone by mid/end of Feb. Sorry state of affairs!
Madaz, you live in dream land, the first tranche on the loan is...
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Last
35.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.22M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.0¢ | 35.5¢ | $168.4K | 459.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 30677 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.5¢ | 2749 | 2 |
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| Last trade - 12.35pm 23/06/2025 (20 minute delay) ? |
| TNC (ASX) Chart |