TMS 0.00% 1.9¢ tennant minerals limited

Does not worth a penny

  1. aar
    243 Posts.
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    Quote from Annual report
    The Directors consider the going concern basis of preparation to be appropriate based on forecast cash flows and confidence in raising additional funds. In the event that the Group is not successful in raising funds from the issue of new equity, there exists material uncertainty that may cast significant doubt on the Group’s ability to continue as a going concern and realise its assets and extinguish its liabilities in the normal course of business and at the amounts stated in the financial report.

    How do u think the company will get funds to carry out the exploration.... there wont be any exiting shareholders willing to spend their hard earned money to raise 1 million plus...

    I have sold 5 million today... comes Tuesday will sell the remaining 20 million… you should be lucky to get from me....I lost 50%.... but it is better than losing everything.
 
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