TAW 0.00% 31.0¢ tawana resources nl

Ann: Tawana & Alliance to Merge and Capital Raising & SIA, page-273

  1. 274 Posts.
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    The fixation on SP and the exchange ratio are generally level one thinking (narrow focus)

    The following recent corporate actions by Burwill speak volume :-

    - aquired from open market 5.5m AMAL shares at 0.36
    - signed strategic alliance with China Minmetals Group (Fortune 500) to develop supply of lithium battery cathode materials etc

    The alliance is a huge give away of what lies ahead and this is exciting.

    One lesson I learnt from my investing experience - always look at the big picture first and if you like it then search for fine companies to invest.

    The merger provides a solid entry point (for new holders) for both AMAL and TAW and I (together with some experienced posters here) will certainly add position if Mr Market behaves irrationally.

    AIMO
 
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