Two bagged in as many weeks. Recovery well on the way. Just need another bag to be back on track.
Company fast approaching commercial viability of roaster.
Good to see headway being made at last.
They certainly do,CP, but are they the cause of todays dramatic rise ? I know the placing knocked the sp for six and it has struggled to recover but, I guess, the value of the investment in the Roaster will shine through eventually.
Well, at least we know where we stand.
BoD need to be careful not to throw the baby out with the bath water when raising the remaining funds to carry them through to Roaster production.
CONstruction 86% complete. Front end ready for cold commissioning, first run through for antimony production in June,ramping up thereafter.
Plus further financing obtained to finalise production.
All in all a good day for Tstr
CP, loan conversion to equity announced 1/06/17 certainly helped them on their way. Somewhere there, probably, must be some announcement saying that they are excused from making a bid for the company (over 30%) but Ive not found that yet.
Just had a quick look through the News list to find the 1/6 announcement and didnt read all of it, just enough to see their allocation of shares. But, at least, it demonstrates faith in the company.
Still on the 92% discount thread, Ive finally twigged why the offer price was so low....
Someone phecked up and got the decimal point in the wrong place and thereby decimating the
Any value here destroyed by this OO. Ridiculous decision to try to raise money at this price. Why on Earth did the BoD choose this preposterous route. They could have raised at 10 Times this amount and folks would have joined in. Now worth only 20% of recent highs.
Ps. Not worth selling, my holding is virtually worthless. May be slightly improved depending on allocation
Can any1 explain why our directors would make such an offer ? They could have offered the new shares at .06p, it would've been taken up and TSTR. could've had 5 times the amount of cash if they so wished!
i'm very happy that we have such an opportunity but it just doesn't make sense to me.
If you do nothing, nothing happens. Im still trying to work out the new system here. Try first viewing each corporate action. And make your choice of entitlement only, or entitlement and excess if you want them.
I seem to have a revised deadline for the offer on my ii account but nothing published by TSTR.
Strange to say the least.
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