Is there a risk of takeover at these low levels?? Well if Zola/Tallaganda et al are worth 90 mill as has been bandied around on these threads, you could essentially pickup Manora + unconventional pretty much for free. Who, shareholders, would except takeover at 0.60 cents right now??
My current dilemmas in this stock relate to the abundance of unknowns. For example what is the likelihood that Manora will run on time on budget, and this is the big one, because as the mkt cap goes down the ability to raise funds goes right down with it. What are Zola/Tallaganda actually worth to the majors?
If the majors are or have ever been seriously considering Tap's assets they will know that TAP are probably going to need to raise funds before production, production that comes from a country increasingly on the nose in terms of political instability.
**** everything, and big ups to those remaining faithful. Luv ya
Poverty
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