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13.9% 4.1¢ tanami gold nl

11m raised, to be spent on 436k (add payroll tax to that as...

  1. ProPunter23Red
    2,894 Posts.
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    22/09/08
    13:09
    Post #: 4297212
    11m raised, to be spent on 436k (add payroll tax to that as well) for new CEO, and to pay the 15% interest for loan facilities announced only last week from Hong Kong, cost money to hedge against currency exposure (bet they get caught there). What is this company doing? A sell IMO, this company seems to be lacking basic financing skills.
    TAM Price at posting: 0.9¢ Sentiment: LT Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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