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1.0¢ taruga minerals limited

Ann: Agreement to acquire lithium project near Manono, DRC, page-67

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deanoaj

863 Posts.

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06/10/17

00:02

Post #: 27698820
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Originally posted by Chrimata ↑

The issue with 4CE was the Lepidolite that @binwood alerted to. It doesn't take much to halt momentum and that did yesterday. Given 4CE cash position as well I would expect a cap raise fairly soon. I was in 4CE early on the day they got the acquisition and sold out at 4c, I was kicking myself for some time until yesterday.

As for TAR I highly doubt Klaus would recommend a project that sets his daughter up to fail. The cash position of the company is quite good at $1.7 million and the SOI is 1/10th of the size of 4CE. These are the factors that brought me here.

I think the best thing TAR can do right now is get people out to site ASAP, get some samples, photo's and and have a look around. The area is highly prospective and may have something, it may have nothing. If samples can be taken and return positive results I would expect a drill rig out there early in the new year to punch some holes and to test the depth.

Interesting times ahead no doubt

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Agree, 4ce will need some cash, I'm hanging on to see what happens, not overly exposed. Your right about getting things moving quick, got to keep things moving to keep the punters interested.

TAR Price at posting: 8.8¢ Sentiment: None Disclosure: Not Held
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Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $5.648M

Open	High	Low	Value	Volume
1.0¢	1.0¢	1.0¢	$1.25K	125K

Buyers (Bids)

No.	Vol.	Price($)
1	4009848	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	249009	2

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 - 15.54pm 02/12/2024 (20 minute delay)

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