Australia's largest stock trading and investment forum Australia's #1 stock forum

TCG

Click for more information

16.2%

21.5¢ turaco gold limited

I would expect MSR to now be negotiating better terms for the...

First 81 Last

Share
Profile

Follow
Green X

655 Posts.

11

22/04/18

10:02

Post #: 32610691
Share

Originally posted by CashFromChaos ↑

Hi mate, it seemed like the article had little general connection to the headline other than re-iterating the feud between Acacia and it's entities v.s. the Tanzanian Govt which started all this drama.

Everything else i have read is on the current focus to speed up the issuing of new mining licences to foreign investors, as it all dried up after the major legislation changes and so are the Tanzanian coffers.

Sure the foreign miners like MSR will have to pay more across many fronts leading up to and once in production but viable projects will still succeed, many of the articles that i have read imply Tanzania was ripped off for a long time, they then went full Rambo, which was too extreme and now a logical medium ground is being reached. (Unless you are Acacia).

Look at many other ASX listed explorers operating there and there are many recent SP turnarounds into green territory as they grease the wheels to ride in Tanzania.

Expand

I would expect MSR to now be negotiating better terms for the acquisition considering the new regulations will have an averse impact on future financial performance of mining companies operating in Tanzania.

MSR Price at posting: 0.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 10 more messages in this thread...

First 81 Last

Add TCG (ASX) to my watchlist

(20min delay)
Last 21.5¢		Change 0.030(16.2%)		Mkt cap ! $136.6M

Open	High	Low	Value	Volume
19.0¢	21.5¢	19.0¢	$279.4K	1.422M

Buyers (Bids)

No.	Vol.	Price($)
2	23228	21.0¢

Sellers (Offers)

Price($)	Vol.	No.
21.5¢	87275	1

View Market Depth

No.	Vol.	Price($)
2	23228	0.210
2	343902	0.205
2	210200	0.200
1	100000	0.195
2	277777	0.190

Price($)	Vol.	No.
0.215	87275	1
0.230	5555	1
0.235	8250	1
0.250	279230	2
0.290	10000	1

Last trade - 16.10pm 08/05/2024 (20 minute delay)


Last 21.0¢			Change 0.030 ( 10.5 %)
Open	High		Low	Volume
19.0¢	21.0¢		19.0¢	1652043
Last updated 15.38pm 08/05/2024 ?

TCG (ASX) Chart

SPONSORED BY