Teranga has options. All are good. should the spin on Teranga's future be positive or negative?
I say the former.
Having started their second mine, Are they executing or dropping the ball?
I say the former.
Should Teranga play it cool and make a deal only if it makes sense ( ie good ROI) or grab any part of Massawa no matter the price, cost to cash flow, risk and or dilution to the SH of TGZ?
I say the former.
Here's the Mining Journal's take.
https://www.mining-journal.com/events-coverage/news/1371408/teranga-cash-surge-could-speed-growth