TAM 0.00% 2.9¢ tanami gold nl

It would have to be a very high risk hold given the cash...

  1. 2,420 Posts.
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    It would have to be a very high risk hold given the cash situation and the apparent lack of any plan to address it. The lack of detail about how much they are hoping to mine and produce from their move to in-house mining is worrying as is the lack of any sense of urgency in their whole approach. Its possible pit extensions will add some ore feed to get them through but they don't outline how this is going to happen and in what timeframe. No comments on how they're going to generate enough feed for the mill with the new low volume/high grade mining approach. No predictions on quantities of ore, anticipated grades or timeframes.
 
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