TAR

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1.0¢ taruga minerals limited

Thank you for the comprehensive reply ,, plenty of Value here,...

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NZ Trader

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21/11/18

12:12

Post #: 36585787
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Originally posted by Big Kahuna 101 ↑

Originally posted by NZ Trader
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
I was expecting it to be completed by now, it appears there are some issues with the License Agreements being signed off on which they have been very vague about... they were expecting them to be sorted in the next few weeks on the 8th of Oct with DD extended by 30 days from signing... they havent provided much information since then which is disappointing.

Given the upfront payment is approx. AUD$2.75 mil AUD i would be expecting a CR of at least $4mil... which at this SP will result in a massive amount of shares being issues.

These delays and the recent weakness in the Co price couldnt have come at a worse time.

I still believe there is value at 6c, those who bought in the high teens + are going to struggle to recoup losses in the short term however.

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Thank you for the comprehensive reply ,, plenty of Value here, the Market seems confused as you stated .. Once DD is completed the company should be in position to deliver the Value of the deposit and TAR Enterprise Value,,, an offtake agreement would send it skywards , any talk around Customers?

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

Thank you for the comprehensive reply ,, plenty of Value here,...

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Thank you for the comprehensive reply ,, plenty of Value here,...

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