TAM 0.00% 2.8¢ tanami gold nl

new high today. possible breakout!, page-6

  1. 174 Posts.
    Thanks for reminding us of the ABU stake, Coobator.

    Tanami is apparently a 22% shareholder of ABU.
    So at market cap of $73m the value of TAMs share is only 16m.

    TAM has gone up about 10% that is about $24m today.
    So I think there's a bit more to TAMs rise today. The holding in ABU is a positive, IMO, but seems to account for only a small part of the rise.

    So I suspect that there's something else happening- good production and gold price? or expectations of further exploration? or ?
 
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