A couple of business articles yesterday speculated that TAA and GIP were the companies best placed to benefit from the demise of SGW. Perhaps we're seeing the market chase these opportunities.
I have significant holdings in both companies but will not invest further in TAA until I see concrete evidence of the much vaunted revenue stream from its $56m tantalum contract in its next report. The company has some great resources and a good gold tenement at Norseman but cash flow needs to be established before it can return real value to shareholders IMO. I still have hopes the stock can double from here to the levels it achieved before the auditors raised concerns over cash but it will only do so if management offers hard numbers instead of bland assurances in the next report.
Conduct your own research. Best of luck to holders.
Gupper
TAA
tantalum australia nl
