Capital raising at <$0.01
Printable View
Capital raising at <$0.01
would have to be major good news for any sort of capital raise,let alone one for .01,just .001 off the current price.
they have plenty of cash to get the pilot plant running,if they can then get the recovery rates confirmed,it won't be a matter of a capital raise it will be a fight to stave off takeover threats!
Qr today or tomorrow, watching in great interest of direction for the future.
Quarterly is out....
http://nzx-prod-s7fsd7f98s.s3-websit...841/299002.pdf
Cash raise coming up soon is my guess.
"The beginning of the 2019 calendar saw another busy quarter at the Talisman
mine with great strides being taken to secure access to the BM37 Rise in the
Dubbo Zone area. Following completion of refurbishments and testing of the
face at Mystery the focus this quarter has been on gaining access to Dubbo
and finalising resource consent for pilot plant operations. While the Dubbo
area has been slower to progress than expected the material removed to date
shows significant promise as set out in this report. Over the next quarter
the company will focus on progressing further into Mystery vein extension,
moving ore to the pilot plant for processing and making safe the Dubbo area
in order to commerce sampling of the vein faces."
Wow. They've done very little... SP back to 0.006 soon I bet.