It has most things I look for in a shell... Low MC, Low EV , limited SOI, Clean structure, no overhang from lower levels, and a great register. Plus competent deal makers and good cash for any future acquisition. In addition the tenement is actually very prospective imo. Reading the events with court case before IPO suggests the vendor realised he had let it go too cheap and got a better offer so tried to pull out (imo). So future is bright but will need to wait for drilling. If hits good grades we r laughing. If not so what, they have minimal EV and lots of cash for another valuebwccretive offer. Only downside I see is ASX giving future deals a good scrute since GTT prolly on their radar
TAO Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
