Gwaihir, You have me totally lost... If Aquila sold their project (and then TAW also sold their piece)why would TAW do a ROC? They are in an early stage of building a series of resources which will then need capital to bring to BFS and then production. This money would be needed for this... If you read the last company presentation there is definitely some interesting ground they have now in their portfolio. The main seller sold below 5% last October and the rest seemed to go in February (with a few big parcels going through). It is now running back to a more fair value based on their stake in Avontuur and getting some notice based on the interesting portfolio they are building. Also see the article in the SMH. We should also see some drilling in the next 3-4 months. So a lot going for this one. And look at the Top shareholders.. Interesting line up with 60% of the stock held in the Top 20.. I say "watch this space"
TAW Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
