re: feasibility study
Wheels - HK shareholders have got the financial backing and critical for TAM in this climate. Tanami has been in existance for 25 years or so and has failed in so many respects - Having the major shareholders in HK taking control might be the change that is needed. A fresh new approach. Granted that controlling a company based in the remote Australian desert from high rise offices in HK will have its challengers but agree that it is already happening.
Think we might find that the next capital raising is entirely funded by the HK shareholders, has the potential to be a good result.
How low can we go? I'm targeting $0.50. Think the last capital raising was at $0.48 - will prove strong resistance.
TAM Price at posting:
62.5¢ Sentiment: ST Sell Disclosure: Not Held
