TPD
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0.00% 21.0¢ talon energy ltd

Colby's Response to STX Offer, page-230

  1. Justadabble
    8,969 Posts.
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    02/08/23
    11:37
    Post #: 69114842
    The $6M is to cover RBC, Allens, and the spinout.
    Or, the $6M is to cover our planned expenditure while we use our cash to pay RBC, Allens, and the spinout costs.
    TMK has $6M in the bank so our forward exposure to Gurvantes does not currently exceed $2M.
    We don't need $9M plus $6M.
    TPD Price at posting: 15.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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