Thomas always seems super excited to talk about the project as that is really his "baby", he probably did all the work on his own and noone more than him he wants to see it grow. For a geologist nothing is more satisfying than finding your own discovery.
TAR exploration is following the right steps and that will evolve as they see what is under ground. There is no point to rush RC or diamond drills as he mentioned.
Newsflow is probably come around early December.
Another takeaway is the fact they raised $4m and they didnt want to raise more although there was demand for it. That indicates they are confident that with current funds are suficcient for them to demontrates some results/discovery. And then leave to do another CR at a much higher price (avoiding dilution)
Once they make 50 holes in the grond and show some positive results. Then we are in for a big rerate. Let's see.
TAR Price at posting:
6.2¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)