TAW 0.00% 31.0¢ tawana resources nl

nicto, It is really good news about the options underwriting...

  1. 550 Posts.
    nicto,
    It is really good news about the options underwriting because I am sure this will allow further drilling out of the resource which will create more bargaining power.
    On a JV etc from Private Equity... I am very interested to see what will happen here.. PE typically looks for bargains which means shareholders lose out. I would prefer personally a placement, given the continued positive development of the project and the potential low cost operation, to bring this project up to at least JORC but preferably Scoping Study or BFS and then negotiate with potential partners.. If the stock was 10c I would have a different opinion but at 1.3c, I think we may lose out.
 
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