TBR 3.69% $3.37 tribune resources limited

More cash in Perth than market cap, page-5

  1. 20,480 Posts.
    lightbulb Created with Sketch. 649
    They are very secretive.
    Even more so since the Authorities made Billis sell a huge portion of the bullion from both RND and TBR.
    There is an unwritten law.
    If you are a Gold miner, you not really allowed to keep stockpiling bullion.
    And it's difficult to fight city hallbiggrin.png.
    Your question is good one though
    And I am conservatively estimating that the RND market cap is actually lower than the bullion they hold.
    And TBR including their 40% ownership of RND also would have a MC close to their bullion holdingscool.png
    Last edited by albatrosss: 06/07/23
 
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