TAM 3.57% 2.9¢ tanami gold nl

TAM Overview, page-8

  1. 1,103 Posts.
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    Hi The Mole,

    Thanks for correcting me. I was a bit confused as to when and when not to use US Dollars, so thanks for clarifying everything.

    Also, regarding the figures I used, I was also using conservative figures. The information I have, is that they could be producing up to 150,000 ounces p.a.

    So if you use this figure, combined with the fact that I anticipate gold is heading to AU$2000 an ounce. You are looking at an annual return of $54m, which equates to an annual return of 6.3c per share.

    Based on 8 times earnings, TAM should be in the order of 50c each.

    On another note, a big buy went through first thing this morning. Someone bought 3.5m shares @6.5c = $227,500
 
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Last
2.9¢
Change
0.001(3.57%)
Mkt cap ! $37.60M
Open High Low Value Volume
2.9¢ 2.9¢ 2.9¢ $3.148K 108.5K

Buyers (Bids)

No. Vol. Price($)
2 607826 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 205507 2
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Last trade - 15.13pm 22/11/2024 (20 minute delay) ?
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