TAM 6.45% 3.3¢ tanami gold nl

Ann: Kavanagh Drilling Update , page-12

  1. 54 Posts.
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    Speaking of distrust of the board ....
    I was talking to my stockbroker yesterday about the 20c CR.
    He noted the $65 M CR was interesting in the light of the now $90 M Market Capitalisation. It doesn't place much value in the gold in the ground or the infrastructure in place or machinery or anything else - Central Tanami, Kavanagh, Coyote and all worth $20 to $30 M. That's about the same as the cash in hand.

    Makers me wonder what the real goal of the board is. !!???
 
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