re: for invnotrade
Have you guys noticed that TAW has four kimberlites already? Which are drilled, have resources and high value dimaonds already in place?
Perdevlei, Kareevlei 1,2 & 3 all have in situ resources and nice carat values. Bulk sampling happening already on K3. This one could go into production.
Daniel alluvial is a hell of a project but is probably too big for TAW. They are drilling the Daniel anomalies for new kimberlites at present and could have a rerating any day if they hit.
Cash is not that low - about $3m at present.
People are pessimistic on TAW at present but frankly it is an opportunity here. I am adding to my position.
TAW Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held