you have no idea
they are basically starting from scratch again in PNG drill testing their targets...
What this means is that the millions sunk in colombia is now evaporated value.
Read the announcement again and it's basically as close to saying they are abandoning colombia. even the MD is flagging Geo Political and jurisdiction risk.
PNG has been a death pit for almost all ASX small caps that play there.
TSO's SP performance isn't great but at least their strategy hasn't changed & they've got one of the largest mid tier miners in the world in Goldfields on Board. Goldfields Seldom make investments in any small caps.
Ann: Company acquires multiple PNG copper, nickel, gold targets, page-48
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