TAR 0.00% 1.3¢ taruga minerals limited

AVZ A Team Klaus Eckoff and Gary Steinpris $6m Mkt Cap, page-30

  1. 6,979 Posts.
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    I brought in today at 5.6c I could not resist, lots of smoke here
    - big deal making directors well known for AVZ etc.
    - top 20 own 72% of company, so when it will move it will fly
    - nice cash position of almost $2 million dollars
    - EV only about 4 million
    - compared to say VEC at 18 million plus market cap there should be 3 bags for a good gold acquisition in the DRC.
    - SP is still in upward trend from start of the year so still nice from a T/A view.
    - Klaus daughter on board for her first time ( massive smoke here imo)

    I'm happy to hold at these levels and expect on a decent acquisition we could see 15c SP
 
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