1. 60 cents is $55 an ounce in the ground. (very very cheap)
2. the overhang here is that insiders and brokers know of the pending capital raising. You can argue bots etc. but the reality is that as long as their will be a CR pending brokers are talking it backward.
3. my lab and drilling contacts tell me that a massive amount of work was been completed in October. It would be reasonable to expect a major December resource upgrade for TAM on that basis. If TAM adds another 300K+ ounces, that would make it $50 an ounce which would be the cheapest per ounce valuation of any producer.
I am a fan and holder of both ABU and TAM. ABU is fairly priced right now but TAM is very very cheap. Forget the tribal BS regarding these two stocks - Buy value! That means buying TAM at this price. So for those like myself that have purchased in the 70-80 cent range it is time to average in. So I am doubling my money in on TAM on Monday morning.
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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($) | Vol. | No. |
---|---|---|
2.9¢ | 500000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 - 12.13pm 28/11/2024 (20 minute delay) ? |
TAM (ASX) Chart |