negative: Denis Wadell hasn't managed company that well in past
positive Since Frank Sibell joined we seem to be heading in the right direction.
negative: remote area
positive: highly prospective area, large tenemant.
unkown: progression to underground mining
positive: unhedged
negative: due to past plant problems we haven't been able to produce much to take advantage of high gold price
negative: large number of shares on issue
positive: current share price may seem attactive to new investors.
negative: there is a bad sentiment around due to past failures and not living up to what was touted.
positive: have plant and infrastructure, even though we can't rule out further capital raising (which would be a negative due to dilution) TAM does not at present look like they need to source significant funding. Juniors will find it tough to secure funds in the wake of subprime.
TAM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
