Ok, so if I'm trying to understand the Argonaut March analysis
Fund raising is pretty sorted out by now (Oct 2022), so that's not an issue anymore - unless the production is delayed and more funds are required.
"Our concerns remain on the mineralisation continuity" - is that a fancy way of saying "We doubt there is gold at the end of the rainbow"?
"Support from due-diligence completed by a debt provider would have helped to ease this concern but now that equity has been used in lieu of debt we won’t be gaining comfort here." - basically implying that TIE avoids debt so no due diligence can be conducted on their claims... huh. Pretty much saying "We think this is a scam".
TIE Price at posting:
66.5¢ Sentiment: None Disclosure: Held
