TAR 0.00% 0.8¢ taruga minerals limited

Ann: Quarterly Activities Report, page-14

  1. 1,910 Posts.
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    Yes.. exactly.


    Startup funding for smallscale production would need a few mill loan from chinese backers ) same backers who are in at 21c mark and have options at higher sp..


    the ongoing profits used to drill out the resourses.. possible 200k tonne cobalt net to tar..


    Locals take complete freecarry on 40%.. therefore within their interest to play along...


    It is apparent that the western powers do not have stranglehold in drc.. so obviously it is a place that will time and again be savaged by media etc.. but alas.. it is a place for chinese capital... different ballgame..


    Nevertheless.. yes.. it comes with risks just like all else...

    If gasson does do what he has indicated.. then at current sp level, this is just a seriously coiled spring ))


    The cobalt is there.. everyone wants in.. for now tar is in the prime seat ))

 
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