TAR 0.00% 1.0¢ taruga minerals limited

Ann: ACQUISITION OF HIGH GRADE COBALT-COPPER PROJECTS IN THE DRC, page-336

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  1. 5,342 Posts.
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    I'm not expecting to see any drilling commence until at least the first week of May at the earliest in all honestly. The drilling contractor Equity Drilling Limited are well and truly dragging their feet and not just with TAR.

    Next news flow should be the Quarterly to be released by the 30/4/18.
    ( Hopefully we will get an update on the drilling commencement?)

    Followed by decision to proceed with Madini Licences and PR12423 (60 day DD period from 1/3/18)
    "The ongoing due diligence on the Madini licences and PR12423 is progressing well with a decision to continue expected within coming weeks."

    Then most likely we will see the drilling kicking off in early May finally....

    Company only has a 6 month window to complete all their DD so expect they will want to move things along quite quickly once the drilling kicks off in coming weeks.

    Patience will be rewarded here.
 
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