The recent announcement by TGZ included a strange statement " To agree to a price and formula to acquire the Republics additional participation option on deposits not on the Companies Mine Licence and to process that material through Teranga's Sabadola Mill" I would be grateful if an HC reader could throw some light on this statement. My own interpretation is that TGZ and seeking the go ahead to run the OGJV ore through the Sabadola Mill or is it another deposit within the 30 Km trucking range.
TGZ Price at posting:
$1.06 Sentiment: Buy Disclosure: Held
