A major shareholder Asian Lady has ceased to be so recently but still has a lot of shares and is probably still the one selling, doesn't take much to hit the price with the qty sold.
I believe several Asian holders are interrelated to the major s/h, who's company mandated liquefying a certain % of assets to boost coffers of the parent company a HK business.
Looks from the 1/4 report like TAM cost will reduce about 4m over the comming year.
No $3m payment to mlx, no $1m coyote care and maintenance.
All up with cash in the bank, 750k NST shares and sale of Coyote there should be about $12m on hand.
Regards Mark H
TAM Price at posting:
4.1¢ Sentiment: Hold Disclosure: Held
