Looking at both charts and the fundamentalsI wouldn´t be suprised if TAM took off any time now...
At todays metal prices the net present value of the first 9 years of the PP project is near USD 144 millon after tax, acording to Tamerlane.
Corresponding market capital around USD 20 million FD, but I calculate with stock dilution up to USD 28 million FD after financing (but at today´s stock price, i e 110M shares FD).
Furthermore the NPV rises some 50 % if the metal prices rise just another 10 %.
We have a possible clear "multibager" in TAM, as in 2007 when TAM rose some 400-500 % at the most, if the world economy holds on...