TDO 7.14% 9.1¢ 3d energi limited

Ann: Heads of Agreement Signed with JV Partner Hi, page-5

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  1. 184 Posts.
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    re: Ann: Heads of Agreement Signed with JV Pa... Hi Mbeeza,

    Yes is indeed dissapointing since the assets is going to generate cash flow once it starts production next year. Tdo seems unable to secure the financing to fund its project. Instead of farming down the interest or acquire funds from their jv party/other party the MD has choosen to sell the only producing asset.

    I have sold part of my shares too & shift my fund to other more promising company.


    Littleshark
 
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