The big potential sp driver for TAM will be recommissioning the Central Tanami processing plant and increasing the output of the West Tanamai processing plant. Until then the ore processing is limited to only 250,000 tonne pa.
The plan is to increase the total to 2 million tonne pa. This would then facilitate gold ouput of 200,000oz pa, higher if ore is greater than 3g per tonne, which seems likely given the drill results.
The half year profit , to end Dec 09, was about $7mill from 25,000oz. The annual figure expected by end this month.
TAM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
