TAW 0.00% 31.0¢ tawana resources nl

Maiden Resource was Just as Expected

  1. 71 Posts.
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    Maiden Resource announcement was completely in accordance with the released drill results. Anybody that expected more did not do adequate research and is not worth listening to. Management did a great job fulfilling the requirements for the off take deal. Well done. $8750000 is on its way to the TAW bank acc. Great guaranteed pricing for the first 2 years of production. I think we can all be 90%+ sure that TAW will have a very profitable Operating business by the end of the year. The higher than ideal strip ratio is more than compensated for by the excellent metallurgical characteristics of the ore. Very little grinding will be needed and this saves serious money. There are good reasons why very credible investors like Tribeca feature as substantial holders.
 
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