TAR 10.0% 1.1¢ taruga minerals limited

Ann: Strongly Supported Placement to raise $3.5 Million, page-235

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  1. 5,802 Posts.
    lightbulb Created with Sketch. 1848
    Things that make you go ummmm?

    So the Govt is dragging its feet?

    Think about this from their perspective

    Minister there’s this bunch of miners with Alan Bonds son as the largest shareholder wanting A rights to make more money. Do we sign it off before the ancestral owners get their sh$t together?

    Imagine the press opportunities

    Naah. It’s all about money. If the REE play is as good as it seems there will be sufficient funds to expedite the cultural process I assume therefore neutralising the 007 angle

    I figure the 2.8s are just the last chance to fatten up for the big boys

    But that lodged 3Y shows how 007 bought 5m shares in both accounts @ 3.4c. Anyone could have bought them cheaper than that on Friday … lol


 
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