Share some similar individuals and investors with LCL - TIE operating in West Africa.
The company wants to deliver 260,000oz of gold in 2023, and 1.2Moz over the first six years of an initial 11-year mine life. Tietto shares were at A50.5c today, valuing it at $411 million. The stock has traded at 28-65c over the past year. Petra Capital has a ‘buy' recommendation on Tietto with a target price of 85c.
Combined measured and indicated resources are 1.15Moz at 1.4gpt for the AG Core deposit, part of a slightly increased total resource of 3.45Moz. In construction and have just raised $130m for a $200m development cost...
LCL ceratinly has some catching up to do on the MC metric but I imagine will have a larger MRE before project gets to the kick off stage....
Share some similar individuals and investors with LCL - TIE...
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