I would also like to gain some insight(s) into what the 3-10 year plan for TBR/RND might look like from a company and shareholder perspective. I believe that TBR/RND have a significantly understated market cap. Investor demand/interest is one of the key drivers for translating intrinsic value into realised and representative market cap. Clearly the board, management and senior executives of TBR/RND don't currently prioritise closing the gap between our current valuation and the actual value of the company's current assets and the realistic 1-3 year increase in gold inventories.
These companies are such a mystery, but I must say - I am becoming increasingly interested in gaining a more comprehensive understanding of their current gold holdings, expected increase in gold holdings in their medium term, their development plans for the next 2-5 years & lastly how (if?) they plan on unleashing their share price and ensuring that shareholders can fully realise the maximum financial return from this unusual approach. I am seriously considering a much more significant exposure to both TBR & RND.
Has anybody had any success writing to the company, or attending their AGM's? I am considering making the trip to Kal this year.
C74.
TBR Price at posting:
$4.35 Sentiment: Buy Disclosure: Held
