Australia's largest stock trading and investment forum Australia's #1 stock forum

TAM

Click for more information

3.23%

3.0¢ tanami gold nl

Amazing Resource Potential, page-10

First 10 Last

Share
Profile

Follow
theskeptic

352 Posts.

69

15/11/19

17:57

Post #: 41454171
Share

Originally posted by panda9: ↑

After reading NST's recently released AR presentation I found it interesting that they have ear marked the CARBINE deposit as a stand alone exploration play apart from other CTP identified deposits. I may be reading too much into this, but given Otter Gold's outstanding deep drilling results (to over 450 metres) in the 1990's NST could be seeing this as another Groundrush type play.

Success here would certainly confirm the CTP's mega resource potential. Speculating, if this were to be the case it is not unrealistic to see TAM at 25-30 cents. IMO TAM is providing brilliant upside with very little downside, in that at 3.7 cents its well protected by its cash and equity in a confirmed 2.5Moz deposit. TAM is a unique play in that it fully participates in resource growth and higher production without dilution of its capital.

DYOR

Expand

Nice spot panda9.

Since the management team does nothing to promote the stock, I would recommend to those who are interested to go through some of the drilling results 2010-2012. This is some results from the drill program in 2010.

TAM Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

ASX

ASX explains: How 'futures' are predicted

TAT

Tartana Minerals firms up producer status with recent 150tn shipment of copper sulphate to the NT

RDN

Raiden Resources jumps 11% as Andover South drilling to kick off with PoW on Minister's desk

GMD

Genesis set for higher gold production in FY25 and earlier mill start

Is the ASX getting its groove back? Here's 5 IPOs in September to watch

There are more pages in this discussion • 105 more messages in this thread...

First 10 Last

Add TAM (ASX) to my watchlist

(20min delay)
Last 3.0¢		Change -0.001(3.23%)		Mkt cap ! $35.25M

Open	High	Low	Value	Volume
3.1¢	3.1¢	3.0¢	$8.283K	267.2K

Buyers (Bids)

No.	Vol.	Price($)
2	378000	3.0¢

Sellers (Offers)

Price($)	Vol.	No.
3.3¢	1000	1

View Market Depth

No.	Vol.	Price($)
2	378000	0.030
7	1053932	0.029
4	806750	0.028
4	1200000	0.027
2	350000	0.026

Price($)	Vol.	No.
0.033	1000	1
0.035	1667	1
0.036	253758	2
0.037	80000	1
0.038	469741	3

Last trade - 11.36am 02/09/2024 (20 minute delay)

TAM (ASX) Chart