Ann: March Quarter Production Update, page-14

cheers, Justis
for indicative forward looking 12 months P/E ratio -
how does this look for 'back of the envelope' calc. ? (others may see / discuss where these figures could be better or worse)

10,000oz x 4 quarters = 40,000oz (could be more or less depends on circumstances)
profit av AISC - POG . . say if it was around US$600 (could be more or less depends on circumstances)
12 month profit 40k x $600 = $24m
EPS ~ $24m/~ 600m shares = ~US$0.04
P/E (7c/~4c) = ~ 1.75

I read that the best value Kinross Gold and Barrick Gold over past 12 months achieved P/Es of 7.5 and 7.8 respectively - allow for ~20-25% lift in POG over past 12 months (maybe continues to lift going forward) and these figures could improve / come down a bit . .

. . it's all helping confirm indications that TRY could deservedly be a multi bagger from here . .