TAA is up 4.4% on significant volume today. Could this foreshadow an announcement on revenue from the $56m tantalum contract or fresh drill results from Norseman?
If the market receives clear evidence that the tantalum contract is operating as forecast, I would expect a significant re-rating upwards based on the excellent gold and tantalum results announced over the past few weeks and the assurance of massive cash-flow the contract represents. Cash-flow concerns have clouded this stock for some time, despite the highly prospective ground the company holds and the improved outlook for tantalum.
Any views out there? I hold.
Gupper
TAA
tantalum australia nl
