TBR
In joint venture with Barrick gold (51%)
TBR/RND produces around 70,000oz per year
Costs around A$450
Life of Resources around 8 years
Gross profit around $60m per year
Cash and Inventories (Gold) currently around $70m
Market Cap around $90m
Set to triple.
DYOR
http://www.kalminer.com.au/regionals.aspx?MenuID=326&ContentID=168638
This should increase production to around 200,000oz in two years time--TBR/RND share 49%--100,000oz.
Cheers
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