TAW tawana resources nl

Ann: New High-Grade Mineralisation Discovery, page-11

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    over the next 6 mths, none.
    supply and demand re-balancing will take 1~2 years to drive out the high cost miners.
    a better question is where are they going to find the $50million to develop the mine.
    and they also need a capital raising soon to keep going - otherwise its moth ball time or worse still RIP time.
    It looks like they have a good resource but they need capital to develop it.
 
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