Hi Pythagerous
1) Not sure though suspect separate
2) It doesn't mean that though it is true: Central Tanami Project contains upwards of a million ounces (i.e. World Class) whilst Coyote contains only about 80,000 oz (Kavanagh orebody). Coyote does contain a functioning ~30tph mill and some tailings capacity together with a serviceable camp and airstrip, however, it is saddled with ~$28m rehab liability: hence the cheap 'Buy it Now' price.. No offsite mining/exploration leases are included in the offer.
3) Yes
4) Good question... they are exploring around the old Bald Hills area and also to the south of Coyote: they have lots of ground so it's fair to say they'll put effort into developing their geological knowledge further. I wouldn't anticipate any production revenue from Tanami Central anytime soon though: 3 yrs would be my best bet.
BT
TAM Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held
