TLG 0.00% 41.0¢ talga resources ltd

Funding

  1. 1,284 Posts.
    Talga potentially has $1.3 million coming in over 4 years from the sale of the gold assets. Should share prices keep moving north it is highly probable that the November options will be exercised bringing in almost $2.7 millions. An underwriter should be canvased to guarantee the exercise. It will cost some but ensure a steady flow of funds. Providing there is no need for a large spend, this should be sufficient funding for,say 12 months.
    Comments?
 
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