TGM 0.00% 17.5¢ theta gold mines limited

Ann: 126 Gramms per Tonnefrom Drilling at Theta Hill, page-19

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    US29m Peak from memory. If you adjust for AUD then add say $US 6M for working Capital and 10M for contingencies less not having to pay for underground then you will not get much change out of AUD 50M IMO

    We don't need to guess as they are doing a PFS now anyway.
 
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