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3.57%

2.9¢ tanami gold nl

Ann: Central Tanami Project Update, page-21

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fbx258

4,287 Posts.

171

21/02/16

12:57

Post #: 17075748
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Originally posted by fbx258 ↑

@Ophir

Compelling little play here. Looks like it could move into production when gold is moving over the 2k mark, and the leverage is tremendous.

Financials look good, just the over hang of MLX putting pressure on the price, which could be viewed as a opportunity.

They should get LOM of 7yrs+ x 50k PA (any idea of ASIC) and with POG rising exponential to come, margins and earning could rise like crazy...this could be a 10bagger here... @alex3789

Well worth the risk to reward at 4.4cents and looking at the market depth, could be 4cents soon... mmmmmm

I will speak management, if i jump in ill let you know. I have my eye on a few 'do or die' plays on the ASX for the coming PM bull run...

Thanks for the tag my friend....

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@alex3789 @Ophir

Just looked at the chart, about to test the 4cent mark, this is the upward channel it commenced a while back, a break would be bearish, but i am expecting a nice bounce and follow through.

TAM Price at posting: 4.4¢ Sentiment: Buy Disclosure: Not Held
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(20min delay)
Last 2.9¢		Change 0.001(3.57%)		Mkt cap ! $37.60M

Open	High	Low	Value	Volume
2.9¢	2.9¢	2.9¢	$3.148K	108.5K

Buyers (Bids)

No.	Vol.	Price($)
2	607826	2.9¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	205507	2

View Market Depth

No.	Vol.	Price($)
1	321404	0.040
2	202907	0.039
1	33000	0.036
1	50000	0.033
1	20000	0.032

Price($)	Vol.	No.
0.041	706406	1
0.044	23577	1
0.045	24750	1
0.046	215109	1
0.047	198000	3

Last trade - 15.13pm 22/11/2024 (20 minute delay)

TAM (ASX) Chart

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