TBR 3.16% $3.68 tribune resources limited

Ann: Half Yearly Report and Accounts, page-17

  1. 236 Posts.
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    I would also like to gain some insight(s) into what the 3-10 year plan for TBR/RND might look like from a company and shareholder perspective.
    I believe that TBR/RND have a significantly understated market cap. Investor demand/interest is one of the key drivers for translating intrinsic value into realised and representative market cap.
    Clearly the board, management and senior executives of TBR/RND don't currently prioritise closing the gap between our current valuation and the actual value of the company's current assets and the realistic 1-3 year increase in gold inventories.

    These companies are such a mystery, but I must say - I am becoming increasingly interested in gaining a more comprehensive understanding of their current gold holdings, expected increase in gold holdings in their medium term, their development plans for the next 2-5 years & lastly how (if?) they plan on unleashing their share price and ensuring that shareholders can fully realise the maximum financial return from this unusual approach.
    I am seriously considering a much more significant exposure to both TBR & RND.

    Has anybody had any success writing to the company, or attending their AGM's?
    I am considering making the trip to Kal this year.

    C74.
 
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