TAM 3.33% 3.1¢ tanami gold nl

And who would have thought.... at almost $1000 per ounce gold...

  1. 713 Posts.
    And who would have thought.... at almost $1000 per ounce gold price, that some gold companies would be/ could be going broke or getting stressed for cash. Its the sort of thing you would have expected at $250 per ounce gold price. This is a worrying industry dynamic.

    TAM's last financial statement showed a significant sum of cash available, so i am not at all sugessting they are in trouble. But CashedUp is correct in asking the question about the burn rate on cash. Lets wait for the information and form a view.
 
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3.1¢
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3.0¢ 3.1¢ 3.0¢ $10.7K 350.0K

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1 100000 2.9¢
 

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3.1¢ 51750 1
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Last trade - 14.46pm 16/08/2024 (20 minute delay) ?
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