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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0.9¢ |
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Mkt cap ! $6.354M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.8¢ | $15.48K | 1.919M |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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13 | 3205738 | 0.007 |
11 | 1655817 | 0.006 |
4 | 3917980 | 0.005 |
6 | 3676292 | 0.004 |
Price($) | Vol. | No. |
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0.009 | 883175 | 1 |
0.010 | 422125 | 4 |
0.011 | 309002 | 1 |
0.012 | 492825 | 1 |
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