TBR
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3.69% $3.37 tribune resources limited

There seems to be plenty of gold on hand still.stocpiles down a...

  1. albatrosss
    20,494 Posts.
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    30/09/21
    15:28
    Post #: 56470686
    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
    TBR Price at posting: $4.90 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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