A couple or worrying signs to ponder before deciding on supporting the capital raising.
?more 'dirt' found and ?legal stoush to follow.
-Ann 12th July :- DRILLING UNDERWAY AT PYRAMID. Last line of announcement
"Thundelarra anticipates that first results from samples submitted for assay will be available towards
the end of July and, barring unforeseen delays, expects planned drilling to be completed by 20 July."
WE HAVE HEARD NOTHING! I MAKE THE ASSUMPTION THERE IS NOTHING WORTHWHILE TO BE TOLD, AND RESULTS WILL BE HIDDEN SOMEWHERE IN THE NEXT QUARTERLY.
- Ann 29th June :- RED BORE EARN-IN : UPDATE
"Since issuing the earn-in notice, Thundelarra has made a number of attempts, without success, to seek clarity by asking the joint venture partner to state definitively whether or not it disputes that Thundelarra has earned the 60% interest"
WE HAVE HEARD NOTHING! NEARLY 3 MONTHS SINCE. IS IT FAIR TO ASSUME THEN, THAT SOME OF THESE FUNDS RAISED MAY BE USED FOR LEGAL COSTS IN THE FIGHT FOR RED BORE......LOOKING MORE LIKELY AS TIME PASSES.
- The price spike a few weeks ago pre capital raising announcement. Was it a formulated move to get the price higher for CR announcement? or was it a reaction to visuals from current drilling(could probably only be related to Allamber).
Good Luck to all!!!!!!!!!
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