The last two trading halts were followed by a cap raising. I have no idea what this one might be. Any thoughts?
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Fair enough. I can understand the Scepticism but these guys are not sitting on their arses they are setting up the mine for production and they do have cash in the bank. I am sure the CEO is motivated by his shareholding. It is a speculative share and I for one have my eyes wide open and accept that this could all turn to custard but I am optimistic it will all go well. I am not bored. This is added fun to a very interesting life I lead.
http://nzx-prod-s7fsd7f98s.s3-websit...936/281725.pdf
you will all have seen this , but for what its worth ........
I for one will be out at the next peak if i can work that one out.
the last peak last year was good for me, and bought some back at .015 . Too soon to get out now, so lets see what the next month brings. Its a bit like investing in kids education ... You part with all that money, hoping for some development, so lets hope they done waist it !
I believe it is related to the following comment that came with the NZX release "CEO Matthew Hill stated"..."With a scoping study on Talisman Deeps being finalised in the coming days on the high grade resources"
From a previous announcement (last year?) it was stated "any further resource increases at Talisman Deeps in its entirety will be included in an updated pre-feasibility study and ore reserve statement in due course. Where possible, areas identified will be prospected and tested for inclusioninto the body of works during Bulk sampling"
So hopefully it is just confirmation of additional reserves?