TAM 0.00% 2.8¢ tanami gold nl

Ann: Proposed Sale of Western Tanami Project, page-3

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    Page 15 of the recent annual 2017:

    Care and maintenance costs (incl depreciation and amortisation)   ($3.356m)

    Exploration and evaluation expenses   ($1,036m)


    That adds up to $4.3m total losses for 2017 were $4.699m...

    If they're not exploring there goes exploration and evaluation and care and maintenance should also be substantially gone...

    Smart move it would seem - I also see they have $4.5m in cash and equivalents so another $4m would give them around $8m...

    https://hotcopper.com.au/threads/ann-annual-financial-statements.3691170/#.WdLXxWhL-70
 
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