TAM 0.00% 2.8¢ tanami gold nl

Fbx I decided to also buy the TAM lottery ticket today, but I...

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  1. 10,469 Posts.
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    Fbx

    I decided to also buy the TAM lottery ticket today, but I will confine myself to a moderate parcel - no point in putting the family jewels on the chopping block in the hope that things will turn out fine. I have taken too many haircuts in the past to do that, plus I think the upside will be limited to whatever NST can do with the property. TAM's list of directors do not look like an inspirational lot to me - too many "Pitt Street" miners among them.

    I think TAM could be made to pay a break fee to MLX, but I am not a lawyer and have not kept up with the details of this matter.

    I hope TAM conserves its cash until NST has the mine operational and is net cashflow positive.

    loki
 
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2.9¢ 500000 1
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Last trade - 12.13pm 28/11/2024 (20 minute delay) ?
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