TGM 0.00% 17.5¢ theta gold mines limited

Ann: High Grade Shallow Gold at Theta Hill and Columbia Hill, page-10

  1. 5,077 Posts.
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    I think the Old Chinese Co are kicking themselves from pulling out as. After that happened the new Chinese money backed testing open pit. From memory the SS had a $16M refurbishment pay back in 6 months and an AISC greater than 50%.
    So if the SP does not go up it will pay dividends or Share buy backs. IMO but very feasible.
 
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