How is it going to put pressure if they're 100% owned by Endeavour Mining who will be holding them tight?
There's a higher probability that Endeavour will be buying more Turaco shares on market, not to mention we have the Satama project which is part of the Eburnea project, located only 50-60km away from Endeavours Fetekro project 2.5moz development.
Satama would host at least 500koz shallow gold oz which I could easily see Endeavour wanting to put through the Fetekro Mill. Could even see a share swap/buy back deal where Turaco acquires all of Endeavours shares in exchange for Satama/Eburnea, which could represent an uplift of $16,000,000 if Justin and team wanted to give away that project for cheap to eliminate their holding.
TCG Price at posting:
34.5¢ Sentiment: Buy Disclosure: Held
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