Looks like the major shareholder is not happy with management and wants a bigger say in running the company.
TAM still has a lot of debt and will need to raise cash to get Groundrush and the mill up and running.I suspect the sp will fall a little from here until the CR is bedded down if there is to be one.They only produce 40,000 oz pa and cash costs are quite high compared to other miners.
DYOR This is my own opinion based on my reading of all announcements.
Ann: Arthur Dew Appointment , page-2
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