TAM 3.45% 2.8¢ tanami gold nl

AND on any announcement about progressing the Tanami project, I...

  1. 352 Posts.
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    AND on any announcement about progressing the Tanami project, I think TAM starts trading closer to fundamentals - back of the envelope is (25% of 150k oz p.a at AISC A$1,200 with gold at A$2150 = $35.6m annual cash flow...should/could trade 2 x this number so A$71.2m + A$35m in cash = A$106.1m or A$0.09 a share...given how lean TAM is that cash-flow should flow straight through to the bottom line and we could use those tax losses to offset tax for a number of years.... i'd love to see a better risk/reward trade on the ASX?
 
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Last
2.8¢
Change
-0.001(3.45%)
Mkt cap ! $32.90M
Open High Low Value Volume
2.9¢ 2.9¢ 2.8¢ $14.10K 486.2K

Buyers (Bids)

No. Vol. Price($)
6 1988554 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 142383 1
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Last trade - 16.10pm 12/11/2024 (20 minute delay) ?
TAM (ASX) Chart
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