RE: Calm!12 Dec 2025 13:23
NMM, The RNS from 11 December 2023 confirmed that S sees TAM deposit as a high priority near term development opportunity and a potential standalone mine. While not yet a formal production decision, it set clear expectations that TAM could soon move toward development independently of Cascabel. Any follow up now such as an updated resource, PFS or permitting milestone would be seen as a major step forward and could reshape the current takeover dynamics, especially ahead of JCC’s 26th December 2025. This is just one example. My point is that today's annoucement is all non-binding. Facts change and all the parties get to reset without breaking any contract or law. Posturing.