TAR 0.00% 0.9¢ taruga minerals limited

Incredible to think of how TAR has been decimated over the past...

  1. 333 Posts.
    lightbulb Created with Sketch. 247
    Incredible to think of how TAR has been decimated over the past 12-odd months, losing 87% peak to trough.
    No doubt some of this was the company's fault, yet much of this is market related (of late) and problems over Flinders, for which the company is not to blame.
    While market conditions remain difficult, the place to be, at least IMHO, is commodities.
    The Morgan's Creek project has REE & copper exposure, which are 2 of the "spaces" you want to be exposed in the current commodities cycle - again IMHO.
    Thomas is going about things very methodically.
    It's crazy to think that Friday's close was the highest weekly close in 2 months.
    Assuming a low is in place, the stock is approximately 50% up from that low.
    It won't appreciate in a straight line, however it has started to behave better of late.
    Once 30 June & any associated tax loss selling is behind us & drilling in July approaches, the stock should firm further.
    At current levels, market cap & EV are highly geared toward any exploration success and the sorting out of the Flinders fiasco would be a huge boost.
    All we need is a little patience and Lady Luck.
 
watchlist Created with Sketch. Add TAR (ASX) to my watchlist
(20min delay)
Last
0.9¢
Change
0.000(0.00%)
Mkt cap ! $6.354M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
3 1424233 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 1170229 3
View Market Depth
Last trade - 10.09am 10/05/2024 (20 minute delay) ?
TAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.