TAR taruga minerals limited

Ann: Strongly Supported Placement to raise $3.5 Million, page-219

  1. 5,155 Posts.
    lightbulb Created with Sketch. 2093
    Just to expand on Tikka's comments re Flinders. Its been in the hands of the Minister for a VERY long time. Some other commentators on HC know the intricate details far more so than myself.

    It revolves around it being subject to the Aboriginal Heritage act, and whilst TAR has had a considerable support from many aboriginal elders unfortunately there has been a falling out between competing interests of various parties within the aboriginal corporations (due to financial issues?). Thus how long, or even whether, it will get Ministerial sign off is yet to be determined.

    IMO it's the main reason TAR share price has slumped over the past year. Certainly the approval for exploration drilling would be a turnaround to the share price.

    Fortunately TAR now has another meaningful exploration asset, of (hopefully) REE ionic adsorption clay deposits.
 
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Last
0.8¢
Change
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Mkt cap ! $5.710M
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0.8¢ 0.9¢ 0.8¢ $12.16K 1.369M

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No. Vol. Price($)
2 601507 0.8¢
 

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Price($) Vol. No.
0.9¢ 168646 1
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