TAM 0.00% 2.8¢ tanami gold nl

tanami to raise $63.7m at 1.5cents, page-2

  1. 2,252 Posts.
    lightbulb Created with Sketch. 102
    First they pay the equivalent to 24% pa on a loan.AP makes good money here.
    Then they shaft all the shareholders who don't have a spare bag of cash by offering shares at less than a third of the value they were at when the loan was established.
    Guess who picks up the balance of what cant be paid for at 1.5C
    Even if you do have cash you are forced to use it because the differential is so big.
    Inevitable result is price will go towards 3c and we are relying on drilling results to bring the SP back.
    Shame on you Tanami.SHAME SHAME SHAME
 
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