TSO tesoro gold ltd
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  1. Corgi
    2,675 Posts.
    lightbulb Created with Sketch. 1923
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    23/06/21
    21:58
    Post #: 54028464
    @bobasteve
    DEG's Current Enterprise value per ounce resource is circa $175/oz. That is higher than the numbers we are using as a benchmark.

    Divide our current Enterprise Value of $60Mil by $175/oz and on face value we're valued as a company that has an asset of less that 350 Koz.what.png

    Just on what we have drilled at Ternera we are at least 4 Times that!

    Additionally, considering the fact that we will be drilling at least another 150 HQ diamond core holes this year and have 4 N-S Master Faults to drill, the next resource update at the end of the year is likely going to double whatever our MRE is!

    https://hotcopper.com.au/data/attachments/3295/3295027-9619f63690b5e8611fd7469b4d958176.jpg

    Last edited by Corgi: 23/06/21
    TSO Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 4  Great analysis
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5.7¢ 		Change
0.005(9.62%) 		Mkt cap ! $114.8M
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5.3¢ 6.3¢ 5.3¢ $1.078M 18.56M

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No. Vol. Price($)
1 39998 5.7¢
 

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Price($) Vol. No.
5.8¢ 335851 1
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