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35.0¢ tulla resources plc

plus, if all goes to plan they get $10m feb from constance iron...

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stanislar

401 Posts.

278

16/12/22

10:55

Post #: 65338619
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Originally posted by G0pher: ↑

Sorry unless I miss read the announcement. They are having cost and staffing issues. They are looking to high grade the operation, hopefully not butchering the mine plan. They are hoping to be cashflow positive in H2 23. They sold everything that was liquid, took on a convertible note and debt. Raised $20m which they didn’t participate in? Have I missed anything?

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plus, if all goes to plan they get $10m feb from constance iron listing on LSE. Balance sheet therefore fine

TUL Price at posting: 31.0¢ Sentiment: Buy Disclosure: Not Held
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