Australia's largest stock trading and investment forum Australia's #1 stock forum

TNR

Click for more information

8.70%

5.0¢ torian resources limited

100m shares @2.8c?? Come on mate I doubt Matt is that stupid :-)...

First 7 Last

Share
Profile

Follow
PokemonGo

215 Posts.

5

10/09/18

14:39

Post #: 35498603
Share

Originally posted by Gwaihir ↑

From 8c to 3c and then they have a capital raising.

How many shares do the directors own?
I can't see any director buying on-market in the last couple of years.

I hope they don't do something stupid like give away 100m shares @ 2.8c

And I hope they don't take the opportunity to define new performance bonuses based on the low share price.

They need to get lucky with the drilling.

And I expect they need cash for the recent acquisitions, and for testing the dumps.

I also expect they have their eye on additional acquisitions.

Gw

Expand

100m shares @2.8c?? Come on mate I doubt Matt is that stupid It not a surprise they are raising fund and from the announcement it sounds like a small amount for a specific project which I can safely assume it has to do with the new board forward mindset of fast tracking to gold producer. Very happy with the new management activities personally.

TNR Price at posting: 3.3¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

OJC

Ricciardo speeds to 83% antimony recovery for Warriedar

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

There are more pages in this discussion • 16 more messages in this thread...

First 7 Last

Add TNR (ASX) to my watchlist