Australia's largest stock trading and investment forum Australia's #1 stock forum

TAR

Click for more information

0.00%

1.0¢ taruga minerals limited

Ann: London 121 Mining Investment Conference Presentation, page-5

First 5 Last

Share
Profile

Follow
NZ Trader

4,889 Posts.

768

21/11/18

11:54

Post #: 36585423
Share

Originally posted by Big Kahuna 101 ↑

Originally posted by NZ Trader
Term Status
1. Payment of US$150,000 on signature ✓
2. TAR to conduct drilling programmes at Mwilu and Kamilombe during a ~6 month DD period ✓
3. On successful completion of DD, payment of US$2M required by TAR ─
4. TAR will fund all exploration to the completion of a BFS within 3 years with 2 additional years if required ─
5. On successful completion of the BFS, TAR will make a pas de porte payment of US$10M for each permit that it wishes to develop ─
6. Final payment of US$20M for each project where TAR discovers resources in the M&I categories exceeding 250kt of contained Co or 1Mt of contained Cu at the conclusion of the BFS

OK I see now why the SP has declined,,, some pretty large commitments ahead , cheers NZT
4,5 and 6 are along way away and if its gets to that point i highly doubt the SP will be where it presently is.

The USD$2mil at completion of DD is going to be painful in the current climate.

Expand

When are you expecting the completion of DD? that will be the catalyst that pushes the SP North,, then possibly a small raise for a couple of million? your thoughts?
NZT

TAR Price at posting: 6.0¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

AXP

Tambourah chases gold veins and mineralisation extension with drilling

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

There are more pages in this discussion • 3 more messages in this thread...

First 5 Last

Add TAR (ASX) to my watchlist

(20min delay)
Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $5.648M

Open	High	Low	Value	Volume
1.0¢	1.0¢	1.0¢	$532	53.19K

Buyers (Bids)

No.	Vol.	Price($)
5	5768549	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	139009	1

View Market Depth

No.	Vol.	Price($)
3	2601223	0.008
13	3205738	0.007
11	1655817	0.006
4	3917980	0.005
6	3676292	0.004

Price($)	Vol.	No.
0.009	883175	1
0.010	422125	4
0.011	309002	1
0.012	492825	1
0.013	795743	1

Last trade - 15.32pm 25/11/2024 (20 minute delay)

TAR (ASX) Chart