I was a bit shocked when I logged on today and saw TAW trade at .024... I expected it to hold .025 until the placement is done in May (why? because if all shareholders subscribe for the max amount that is 2400x15000 which is 36M.) I think it will be held back there to get bigger allocations (my opinion)
After that with scoping study due in July and some metallurgy results also due I would expect it to start to re-rate.
In my opinion this thing just has so much potential.. Looking forward to seeing the Top20 after the placement.. I suspect we will see a few new names (mentioned in the announcement today) but the Top20 already has some great names on it.
Do your own research.. Not investment advice.
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