TAW 0.00% 31.0¢ tawana resources nl

sort of interesting article from...

  1. 1,214 Posts.
    sort of interesting article from Proactive.
    http://www.proactiveinvestors.co.uk/companies/news/55612/west-african-iron-ore-companies-mind-the-gap-broker-says-55612.html


    Undeveloped iron ore in West Africa valued at about US$.04 tonne.
    once developed jumps to over a US$1.30 tonne.
    That places TAW currently @ $20m market cap. Double current $10m MC. We were $20m until options came into play.

    Basically saying the market places little value on undeveloped IO resource.
    I'm thinking we need a JV partner.

    But agree with you nev, re options, but we have had a double whammy. There were also the 50m 1c converted on 13th feb.

    Its a long road we travel.


 
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