TBR 3.16% $3.68 tribune resources limited

Ann: Annual Report to Shareholders, page-2

  1. 21,458 Posts.
    lightbulb Created with Sketch. 683
    There seems to be plenty of gold on hand still.
    stocpiles down a bit though.
    $195+ million gold on hand at cost.
    I guess you have to deduct the approx $62.5 million RND gold from that figure.
    But it still leaves +$130 million on TBR's holdings.
    At $1500 cost. That is still around 90,000 ounces or so.
    Thats a $ holdings of around $215 million of gold on hand @ $2400/ ounce.
    Not many companies of TBR size can show that sort of holding.
    Last edited by albatrosss: 30/09/21
 
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