TUL 0.00% 35.0¢ tulla resources plc

The front page in the business section of the Australian gives...

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    The front page in the business section of the Australian gives extensive coverage of the upcoming IPO ' Rich listers bank on Maloney's midas touch'
    whilst drawing attention to the unprofitable past history of Norseman as an underground mine during lower gold prices and managed by ' underfunded operators' ..of which Norseman Gold PLC was demonstrably one requiring a loan of $20m from Maloney's company.
    The point is well made by Tulla director Mark Maloney ' what we are now doing is open cut using new strategies and new technologies '. Of course this exaggerates Tulla's role which has ceded control of the 50:50 JV to Pantoro. If Pantoro can make it work then some of the rich listers might fund a Tulla takeover of Pantoro . Just musing.
 
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Currently unlisted public company.

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