ASR 0.00% 0.6¢ asra minerals limited

Varun is an Indian company, Torian went into the deal with...

  1. 128 Posts.
    Varun is an Indian company, Torian went into the deal with financial commitments spelt out. I don't think it would be good form to be borrowing from Varun. These types of deals and relationships are built on respect and 'face' I don't think this conversation is going to be constructive and you should have no doubt it is being watched.

    A small CR is no big deal, done all the time; issue some shares get some cash, standard practice with only minor downside.

    Jerry I like the concept of giving holders or option holders an advantage however I believe it would be difficult from an administration perspective.

    They'll get some cash, we'll get results that confirm it is still viable and we'll all move forward.

    If we want a conversation how about someone analyse the Ardlethan project and it's prospects, costs, barriers etc.
 
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