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.
TAM Price at posting:
12.8¢ Sentiment: LT Sell Disclosure: Held
