TMX 0.00% 0.3¢ terrain minerals limited

update needed, page-6

  1. 72 Posts.
    Hey Doc. Thanks for sharing.
    There are 5 operating gold plants within trucking distance of Bundarra.
    How do you think the numbers would look on a toll treatment basis ?

    On current assumptions and if TMX had to raise $15m to get their own plant going (placed stock at $0.05c) they have to issue 300m shares for a new total of 388m shares on issue.
    With $7.8m after tax profit they'd have EPS of $0.02cps.

    If they toll treat the EPS might be better ?

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