Yep,
Wihthout better management and a smaller shareholding by the Chinese this stock is going nowhere.Coyote results announced today are still only .5 m true width so the high grade ore is still very expensive to mine and will not improve the cash position of TAM.
Without the above being addressed this share is a dead duck.
A massive further dilution will occur when approval to mine Central Tanami is given by the board.This is when the Chinese will takeover TAM at a pittance.
Ann: Kavanagh Drilling Update , page-5
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Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $37.60M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 2.9¢ | 2.8¢ | $40.13K | 1.422M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1052557 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 500000 | 1 |
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| Last trade - 12.13pm 28/11/2024 (20 minute delay) ? |
| TAM (ASX) Chart |
