TSO 3.03% 3.4¢ tesoro gold ltd

Ann: More wide gold zones intercepted at Ternera, page-17

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  1. 1,116 Posts.
    lightbulb Created with Sketch. 120
    I have not included the latest SPP, but have included the previous placement.
    Formulas used in my spreadsheet are:
    EV = MktCap - (Cash + Investments (0) + Hedgebook (0) - Liabilities + Other Financial Assets).
    MktCap= Price * (Shares + Options) - Option Revenue (0)

    Tesoro has a lot of performance rights that are included as options.
    So I get MktCap= $56m and EV= $45m.

    Cheers


 
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