TAR 0.00% 1.0¢ taruga minerals limited

Ann: Remaining results for Due Diligence Drilling at DRC Projects, page-17

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  1. 1,767 Posts.
    lightbulb Created with Sketch. 95
    This is an underwhelming announcement.. shouldve done a better heading..
    I did some very quick calcs.. possibility of circa 100 to 150k tonnes cobalt at mwilu over 1.5km and the 700m width is very very good.. )

    Putting both projects together.. realistic possibility of 200k to 300k gross cobalt equivalent resource is very very high..
    At 60% thatd be 120k to 180k tonne to tar.. at 60k usd per tonne cobalt thats 10 to 15bill aud inground value.. at 1% marketcap should be 100 to 150mill aud..

    It is time for the md or ceo to get this out to market... noone on the asx has what tar has...
    Last edited by Meso1973: 14/09/18
 
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