tanami, page-2

tim,
TAM (sorry about that) have always had "top class" mgt and it's gone nowhere. The MD Waddell even got the flick recently and with 3.5B shares on issue, it's registry looks like a train wreck. Sloan may make a difference and he has already reduced costs by 40%. What was happening before? Doesn't say much for the so-called top class mgt.
Despite having high grade ore it is sporadic and costs more to mine. All they have going for them is that they are a sometimes producer, have an extensive land holding in NT and Merrill Lynch and the Chinese owning 40%+ of the co. My take, they can only go up, if only because of the incompetence of the past.



DYOR!
One day you'll thank me.