TBR 3.49% $3.59 tribune resources limited

Ann: Annual Report to shareholders, page-3

  1. 20,067 Posts.
    lightbulb Created with Sketch. 638
    Yes it is very opaque.
    But if you take a $1800 Cost price for gold.
    Which would be a fair assumption,
    Then you have 100,000 ounces Inc the RND gold stash.
    And 100,000 ounces is $300,000,000.
    That's some serious amount.
    You can play around with the figures, if you want to be more conservative.
    cool.png
 
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