Plonko, burtbachah, chuck and other ABU Loyals - interested in your thoughts of TAM Ann (27/6) and could it have any impact on ABU.
In particular the comment noting that AUD 27.8m "has been used primarily to fund the commencement of a program to selectively refurbish the Company’s mining equipment"
I am trying to read the tealeaves in the bottom of the cup, but do you think this announcement may preceed the anticipated ABU ann re further development of arrangement between TAM and ABU.
It seems to me that with only AUD8.2million remaining in undrawn funds, and a loan repayment dated 30 June 2014, that TAM will be requiring some quick $$s to keep the home fires burning.
Maybe its just the lower sp and EOFY which is feeding illusions on the horizon, and sanity will prevail from July 1
Trees
Plonko, burtbachah, chuck and other ABU Loyals - interested in...
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