TKG 0.00% 0.3¢ takoradi limited

the skirt is lifting..., page-10

  1. 15,824 Posts.
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    yep, win win. putting 2 and 2 together:

    "The Kuiseb Project provides a potentially higher grade
    resource with earlier, lower cost development potential"
    (company ann.)

    "Sentient invests its investors’ capital in a step by step manner in line with the capital needs of the project through its development and commissioning phases."
    (sentient website)

    my guess is that namibia will be first cab off the ranks, and with up to 20mill tonnes at +3% cu (up to 16%), and gold grades of up to 20%, it may well be worth hanging onto for the longer term. right now, sub 100mill maket cap seems justifiable, but give it a bit more time and a revised jorc estimate, even 300mill might seem cheap.

    which at these prices means many bags full, thankyou very much. and thats just namibia. its surprising how little interest there is in this one, particularly after the buzz the chilean ann stirred (lower grades, but massive).

    i think the 3billion shares is a bit of a turn off for most.

 
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