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Tanami to raise $65.3m for NT project

Tanami Gold has announced a $65.3 million capital raising at a massive discount to its current share price, in order to repay its debts and complete a definitive feasibility study at its Central Tanami gold project in the Northern Territory.

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Tanami Gold (TAM)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
379thTalga Resources13%64%
607thBauxite Resources-20%5%
649thTanami Gold-30%-2%
660thS2 Resources-31%0%
698thMetalicity-42%48%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

28/09/16
$43k Bought
27/09/16
$45k Bought
04/08/15
$49k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

114th↓Tanami Gold$1.2m
143rd↑Metalicity$494k
144th↓Talga Resources$465k
147th↓Bauxite Resources$430k
148th↑S2 Resources$428k
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Tanami Gold

845thBrett Montgomery$120k
892ndGerard McMahon$110k
1112thCarlisle Procter$44k
Ranked by total remuneration from all listed WA companies

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