junior explorers..., page-29

  1. ink
    1,413 Posts.
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    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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