TAR taruga minerals limited

Ann: Change of Director's Interest Notice x3, page-14

  1. 1,681 Posts.
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    Hi Rajotel,
    When you say you have done your own research with the stakeholders involved here, are you able to elaborate at all as to what has increased your confidence in a positive outcome for the company? From the company announcements, they seem quite confident that a number of indigenous groups see the benefits in continuing exploration.
    This is a very interesting scenario.
    I believe the company is probably undervalued now based on the land they hold. A positive mutual outcome is hopefully what all parties are aiming for.

    'They were actually drilling'

    Strikeline Resources, a subsidiary of Taruga Minerals, is licensed to explore for minerals near Hawker.

    The area incorporates past and present hunting grounds, ceremonial areas and a massacre site, and is a significant location in at least three traditional storylines.

    According to the cultural heritage report produced after VYAC's survey of the site, traditional owners only became aware of the exploration work by chance.

    "We found out they were out there from pastoralists. They were actually drilling," Ms McKenzie said.


 
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