TBR/RND own 49% of the EKJV
Their share of production is 70,000 ounces per year.
Mine Life around 6 years with limited exploration going on.
Grade 12g/t overall costs around $400 per ton
Gross Profit around $60m plus per year.
TBR has around $70m of cash or gold at 30th June 10
Page 35 & 67 of annual report
Present Value Valuation of their 49% of asset say around $200m
TBR 75% $150m RND 25% $50m
Plus cash $70m
Plus 46% of RND $25m plus
Plus Ghana assets
Plus current production from june 10
Minimum $245m plus plus
Price at least $5 per share
Any views??
$5 june10 or $6 june 11
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TBR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.89 |
Change
0.010(0.20%) |
Mkt cap ! $256.5M | |||
| Open | High | Low | Value | Volume |
| $4.86 | $4.90 | $4.86 | $50.92K | 10.46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9182 | $4.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.93 | 2024 | 1 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| TBR (ASX) Chart |