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4.43% $4.95 tribune resources limited

Ann: Half Yearly Report and Accounts, page-3

  1. sirdean
    1,420 Posts.
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    15/03/24
    18:06
    Post #: 72911955
    $190 mil of gold inventories at cost. I'd like to assume the cost is only 60-70% of current value. So assuming $300 mil of gold. Market cap of $180 mil. Doesn't take into account other assets or ongoing revenue which should increase over time if they crank up production to previous levels. Pretty safe bet at these prices.

    Please let me know if I am wrong.
    TBR Price at posting: $3.39 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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$4.95 		Change
0.210(4.43%) 		Mkt cap ! $259.7M
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