The potential JV is only on ivory coast tenements. Also, they only have to spend 3m to earn in 75% ownership which means whatever is found, TAR will be giving most of it away for peanuts, stretched all over a 4 year time frame. It's just a token JV with RSG getting all the perks and spending virtually nothing- This isn't material enough to bring a re-rate into the stock.
It may be something to look at once this short term hype dies down and they have to come to market again to capital raise. A capital raising will be coming within weeks IMO.
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Last
0.9¢ |
Change
0.001(12.5%) |
Mkt cap ! $6.354M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $15.48K | 1.919M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2226223 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 883175 | 1 |
View Market Depth
| Last trade - 15.20pm 10/09/2024 (20 minute delay) ? |
| TAR (ASX) Chart |