TMS 3.70% 2.8¢ tennant minerals limited

An interesting read there ahjay. It all sounds so familiar....

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    An interesting read there ahjay.  It all sounds so familiar.

    However, my mate Mertle is correct, you can still spring-board into a decent market cap in the most difficult of places.  But you do need security in tenure, and in this case BDI have entered into due diligence period for 1/2 of FA, most of which is applications.  Felder in his article outlines that the administration of applications has been, and remains at the time of publication; a mess.  If there was security of tenure already, as a news chaser I would have bought last week on those sampling numbers, and perhaps others would have, and you would have got your re-rate.

    As the article states, the Canadians have gone in there in force, with little joy thus far.  On the ASX, I recall that Bresser of Overland had a go and pulled out citing technical reasons.  Also resident contributor @Crimsoncarp was poking around over there recently, so might have something constructive to add.

    GLTA
 
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