What I think is great is that they are drilling four holes in this program. Tasman are very confident that they have found another Olympic Dam and this program should give them an excellent chance of success.
Cashed up and ready to go. Exciting times ahead and well worth the wait.
These new Chinese investors aren't stupid imo and have obviously been convinced that Tasman is a good bet. Yes, this is a gamble but how good are the rewards of success?
Many will take advantage of the rising sp to cut their losses or get out even as drilling approaches and then starts. Others will hesitate, knowing that hitting the mineralisation that Tasman believes is there, waiting to be found, will see a sp in the multiple $$$'s.
Remember what happened to Minataur and then remember that Tasman has 100% of this ground. In the current resources climate, especially re WMR, a strike will make your jaw drop as you see the sp soar.
Are we going to sell TAS at 22c or TASO at 8c? Each to our own, but anyone that does might risk a sleepless night or three as drilling advances.
cosmos
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