TBR 0.90% $3.30 tribune resources limited

Ann: Half Yearly Report and Accounts, page-10

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    lightbulb Created with Sketch. 41
    That would certainly help value incoming gold flow, but the story is more about the stockpile valuation especially with the historic nature of this. Their operations has always been high grade which would have kept costs to some of the most econmic in the industry.
    The great part is they only ever sell enough of their current production to cover business costs & dividend - current high gold price means plenty to be added to the stockpile.
 
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