RE: RE: RE: RE: NR
The news are really good and should show doubters that the Pine Point project finally will take off !
Furthermore an important issue concerning financing :
"We are also making significant progress in evaluating financing proposals for the US$50 million tranche of subordinated financing which may come in the form of an off-take or aprepaid metal sales agreement. "
Thus all the external capital may be raised soon, which would only leave the USD 25 million equity to be financed with a private placement, the later the better since then the TAM stock price should have increased a lot more and therefore cause less dilution.
And with the coming new feasibility study which includes the N204 deposit the Net Present Value may be even higher in the new forecast and causing the TAM stock to rise further.
It looks extremly promising for TAM this year, better than in 2007 when TAM reached CAD 3 (albeit with half the number of shares)