NTL new talisman gold mines limited

Reasons for capital raising to Fund Project Development, page-17

  1. 7,970 Posts.
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    Show me Bonanza & I'll show the company my money. It's quite simple really, if Bonanza is good then I'm in for the whole hog. If it isn't, then I won't take any of my allocation. I daresay management would be expecting this, so I'm expecting big things from Bonanza.

    If you don't have the funds to take up your allocation but wish you could, you could always sell some or all of shareholding (tax implications aside) at or above the SPP price and then buy back in through the SPP. This would get you some free 5.5c options and it will also help fund our Company's ambitious new plan.
 
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Currently unlisted public company.

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