TAR
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10.0% 1.1¢ taruga minerals limited

Ann: High Grade Cobalt Mineralisation Potential Confirmed, page-18

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  1. Meso1973
    1,910 Posts.
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    31/08/18
    17:50
    Post #: 35336726
    Aligning the cu figures from deeper Drill 05 and Drill02 and realising the geology down there looks to extend at least 500m to west and some to the east.. and using a rough 500 x 500m grid.. that area would give about 100k tonne of cu.. which is just under 1bill aud worth.. at 1% thats 10mill aud..
    So in all fairness marketcap of tar should be targetting 100mill aud...
    TAR Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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