It is a good guess - pretty obvious source of cash for TAM. They need the money for their Kavanagh drill program and regional exploration. A great buying opportunity for the true believers at ABU at todays price. I sold out of ABU myself in the past two weeks and now am moving back into TAM.
The latest round of redundancies and shift changes at TAM has stabilised costs. At these prices, it can easily be a 3 bagger if you are a gold bull.
abu thread , page-2
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