Tamaya rethinks Iberian investment

SEEKING to allay shareholder concerns in the face of falling stock prices and heavy trading, Tamaya Resources plans to place its Iberian-controlled Armenian project on care and maintenance while it reviews the acquisition’s carrying value.

Tamaya rethinks Iberian investment Tamaya rethinks Iberian investment Tamaya rethinks Iberian investment Tamaya rethinks Iberian investment Tamaya rethinks Iberian investment

In a letter the shareholders, Sydney-based Tamaya addressed concerns over the company’s cash status and Iberian purchase.

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