Gold was 1850aud at the end of june last year.
So on that basis alone , i would guess the $140million inventories would be $168million.
plus the $62million cash.
I could be wrong but TBR is trading at only $60million cash and gold backing. I cannot believe that to be true though. I must be making some mistake.
surely that cannot be true. Otherwise, it is a must buy!?
someone correct me please.
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