I like the makeup of TAR and recently bought in as I perceive there is very little downside and plently of potential for a re-rating of the share price given the following info:
* TAR has a set of promising gold projects in West Africa
* Maiden drilling program has provided some very encouraging gold grades and drill results to date
* Major follow-up campaign scheduled to commence in Sept quarter
* Very good cash position of $4.5 million at end of last quarter
* Total market cap of only $4 million (@12c share price) .... less than their cash position and places no value on their projects
TAR ticks a lot of the boxes I look for in a company before investing.
very little downside..
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Last
0.9¢ |
Change
0.001(12.5%) |
Mkt cap ! $6.354M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $8.413K | 934.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3728876 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 3215135 | 3 |
View Market Depth
| Last trade - 11.39am 23/07/2024 (20 minute delay) ? |
| TAR (ASX) Chart |