I am speculating that TAW will be a low cost minor, based on labour costs being cheaper in Liberia. Also, TAW has a higher quality of IO.
Volumes of IO are being shipped out in record numbers. Look at today's FMG presentation to get a feel for the IO market. I am sure that BHP and RIO will have presos saying the volumes they are shipping.
TAW is a speculative buy. In racing parlance, put $10 on a 100 to 1 longshot.
DYO research.
TAW Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
