TTR 0.00% 40.0¢ tectonic resources nl

burnakura sold, page-6

  1. 2,383 Posts.
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    While understanding the frustration of some, I don't think the facts completely support Bargold.

    JV Partners never intended to sell until they had finished processing the ore stocks, which was always stated to be towards end of last financial year.

    With regard to management, the important changes appear to have been made. The directors who took them down the path to Burnakura have gone (except MD), and the new Chairman has track form in creating shareholder wealth.

    Normally this kind of announcement would have seen a lift in price, but the intended capital raising (see annual report) will put a lid on that unless some other positive news comes out soon.

    Fortunately for me, I have faith ~smile~

    What about you?
 
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