TAR

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1.0¢ taruga minerals limited

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14/12/17

21:32

Post #: 29642675
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Originally posted by RedBullish ↑

The People

- Mr DRC (Klaus Eckhof) hunting on behalf of TAR for a good project.

- Doesn't get shares until he finds a decent one.

- His daughter's first mining appointment is on the board of TAR.

Would you let your daughter down with a rubbish tenement? Or even begin due diligence on one unless you knew it had the goods?

DRC Lithium/Tin Tenement

- Same tin belt as AVZ.

- Was offered to Klaus at AVZ, turned it down likely because AVZ didn't need another project as their sole aim was to sell the company off. Has since locked it down with TAR.

- If/when AVZ is taken over everything in the Manono region will benefit from infrastructure. The road is already being built to Manono. Power will be connected from our tenement to AVZ's because our tenement hosts AVZ's power plant. They will be putting 4 gensets in this power plant for AVZ to start production.

- I believe there is also a road following the powerlines directly too Monono. This was the previous setup when AVZ was mined in the 1950s. So we have transport and power opportunities if AVZ starts production which is on target to be achieved by 2019.

- DD period about to end.

- Klaus was in DRC a few weeks ago. When he returned big buys appeared all over the place.

- Interesting geology and appears to be cleared (burnt off) by locals suggesting artisanal mining might be occuring. What are they finding at the surface?

Lithium

- Lithium prices looking to remain steady or increase into the foreseeable future. Even with more supply coming online it won't be enough to meet the increased demand.

- Tin credits in this belt increase chances of mining.

China

- Love the DRC.

I think I've convinced myself to buy more...

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Great post @RedBullish

I've topped up more with this drop.
Only 20 days to go for due diligence to be completed.
Can expect MC to be multiples of now if we have a similar announcement to 4CE's or better..

TAR Price at posting: 9.3¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $5.648M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	4134848	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 - 16.12pm 29/11/2024 (20 minute delay)

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TAR Chart, page-41

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Buyers (Bids)

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