TRL 4.88% 3.9¢ tanga resources limited

Ann: Entitlements Issue - Letter to Eligible Shareholders, page-5

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  1. 202 Posts.
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    CPS capital called me yesterday. Not sure how to take it, proactive or desperate?

    Took the chance to pass on feedback for the company to do something in Tanzania. In fact, it seems it would be prudent to split the money raised between two countries, as a minimum.

    Copper will be good towards 2019/20 when supposed shortage is to eventuate, so working on it now is great. But gold was the last thing that made TRL MC to reach the high of ~$65mil. If all shares were issued in the current raise, to reach the same MC, shares would need to trade at 5.5c

    Tanga has unfinished business in Tanzania, through no fault of their own. Many shareholders here are here because of the gold. All I am saying is that the company should finish what it started.

    I hope that everyone takes up their entitlements, as otherwise SP will be confined to the basement for a very long time.
 
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