re : production costs, page-6

Wow Billmac can read rainfall reports on the Tanami Desert... Amazing how he worked that out... Clearly no one else in the market knew about the March downpour and that's how the SP magically fell 20% before any announcement could be made..

TAM is in an excellent cash position. Any thought of a capital raising in the foreseeable future is laughable.

The key concerns for TAM are the cost of production and production capacity. These issues are the key focus of management and the outlook is excellent. As a shareholder with a long-term view, I am very satisfied with the state of affairs.