Folks, I was very fortunate to off-load a little ways back at 2.6c. Keen to re-enter but the risk of capital requirement is my biggest question mark. I relaise they raised back in Feb, but how will they pay for acquisition and drilling at new Nevada property without going back to the market for cash?? Keen to hear thoughts as I am very keen to hit buy at 1.4c!
Tyranna Resources Ltd (ASX:TYX) will use $2.55 million to be raised in a heavily oversubscribed placement to advance the newly acquired Eureka Gold Project in Western Australia.
There were 150 million shares placed at $0.017 per share in the capital raising managed by CPS Capital
When is more capital required
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