re: Ann: Capital Raising and Well Programme U...
The directors and the company has bee on the end of some unavoidable delays,drilling conditions in dodgy weather (rain) is unfortunate but part of the game. Todays announcement gives all believers a equal opportunity thru a SPP to top up on the same terms as placees.
The total volume is modest but insulates against other unwanted costs,eg recovery of drill bit if it was to become stuck (unlikely in first 1000 meters). Drill time is announced.
I notice the SPP date cutoff was yesterday,so we are all on equal terms. I would expect all to be snapped up within 10 days---then the fun starts ,if not before.
If you want in now take advantage in low 2's DONT wait.
TNP Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held
