TAM 3.23% 3.0¢ tanami gold nl

tam tam tam, page-4

  1. 472 Posts.
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    Hi there all, glad you revitalized this old thread.

    Tam, Tam, Tam !
    I am glad to be here on board with posters like
    @panda9 and @TheSceptic to beat the drum !!
    ( see for example other thread:
    as of
    Post #: 46767850
    and as of
    Post #: 47651000
    )

    As a former ERX-holder (now PRU) I repeat it again, what was said from
    Bill Beament :
    "NST have put out their updated resources statement and confirmed the CTP is a 2.75m oz deposit. Plenty of baggers out there but the reality is, as it stands, TAM owns 60% and therefore is sitting on 1.65m oz of resource. To put that in perspective, TAM trades on an EV/Resource of A$18.This is without a doubt the cheapest EV/Resource ratio for a deposit of that size located in Australia. African explorers TIE and ERX trade on >A$100, NUS (Indonesia 2.3m oz) trades at $45 to give you an idea.TAM is the wrong price, any resolution between TAM and NST will have this trading > 20c and still be relatively cheap to Australian gold peers".

    My gut feeling is telling me somethink, have a look at the 2 years chart:
    https://hotcopper.com.au/data/attachments/2526/2526335-e63ca5500d42cebfd5d88ebc75c6ed67.jpg
    I am holding this one for quite a while, now a little over 1 year:
    My gut feeling says:
    You are in the right place at the right time and perhaps the chart above shows us the right direction.

    Sometimes it is good to listen to your gut feeling !
    But be careful, this is not investment advice. Good luck to all holders !
 
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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
Last trade - 11.36am 02/09/2024 (20 minute delay) ?
TAM (ASX) Chart
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