Horrible macro environment, but was in contact with Wayne earlier in the week and he remains upbeat. Wayne reiterated that the company was moving forward on several fronts, albeit on a shoe-string budget.
Would be brilliant to hear news on the MDA negotiations and unlocking of the logistical issue before Xmas. Either (or both) would give TAW a massive boost, and a platform to spring from in 2016.
Passed on my unsolicited advice on a potential gold opp to look into (given TAW's additional strategic focus). Not currently invested in this company, but thought TAW could have a look at it. Not going to cross-promote, but will say that it is based in WA and has a market cap similar to TAW.
TBH, I would prefer that we stick with our main MC project, but I respect management's point about always looking out for value-accretive opps for SHs.
Cheers,
Deme
TAW Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
