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.
TAW Price at posting:
1.1¢ Sentiment: None Disclosure: Held