TNR 8.70% 5.0¢ torian resources limited

Ann: Capital Raising Accelerates Growth Strategy, page-11

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  1. 7,638 Posts.
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    Gday fellas
    Happy to see the CR closed, slightly less happy to see them raise only $1.2m after all the time and $$$ spent on the roadshow. Less dilution at these low prices is good ....flip side is that they will have to raise again S/T, hopefully after a successful drill program and at higher prices.
    The merger should wrap up around end of the month...This should be a major catalyst for a rerate but who knows as TNR still firmly under the radar. Maybe success at Paradigm and Credo will get us some love from the market??
 
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