TAW Chart, page-188

First 188 Last

Share
Profile

Follow
jgroenheide

993 Posts.

72

20/07/18

17:09

Post #: 34483959
Share

Originally posted by HopWrecked ↑

I can imagine that would be frustrating. But if it was going to happen to you in any stock this year, Tawana isn't the worst place to be sitting with a 30% loss.

1)If it was sitting at 60c you wouldn't look at selling now due to CGT anyway though right? That's assuming you bought in at over 50c.

2)Over next 12 months there are plenty of catalysts built in that will should be received well by the market.

3) The Lithium price has had a healthy price correction and down ramping has had plenty of opportunity to be absorbed by speculators. Yet still healthy lithium demands being announced through the 2020s.

While people were speculating about the merger no one had a crystal ball. If the price is tethered in this 37-41c range because of the merger it is only for a finite period of time.

Once this merger is done, full production numbers running through, I hope we bounce out of this range. Then I think fully funded DMS 2, fine circuit via more off takes and more drill anns will push us a little. Thereafter we will have the increased production to again push SP.

I hate to sound overly bullish to the extent we saw in the AVZ thread. But Tawana is a very different beast, a very different risk setting and alot of legitimate claims on its FA as opposed to 'hopes and dreams' rampant elsewhere.

Expand

Hi, yes i agree thats why I am still invested. I think Tawana will be a good Company and is a good Company. I have found the merger very frustrating and to be honest i’m a little suprised there wasn’t more objection to it. But anyway i like everyone else here is happy to sit and wait. When the two companies merge i expect there to be a flurry of action and we will be on our mary way.

I don’t have heaps of TAW shares but i am looking to buy more I and i think many others are just waiting for the merger to be done and dusted and to see how it pans out. I am happy MC is running the ship. If it was someone from AMAL i would be very concerned and already gone to be honest.

TAW Price at posting: 39.0¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

HVN

Harvey Norman may appeal ASIC Federal Court case – the third lawsuit on its plate

RBA holds rates as ALP election campaigning kicks off – expect more political focus

JDO

Timing will be everything for 'smashing' Hot Stock tip Judo Capital Holdings