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0.00% 2.8¢ tesoro gold ltd

Ann: Maiden Mineral Resource Estimate sets foundation at El Zorro, page-27

  1. fmx_rider
    2,608 Posts.
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    28/07/21
    10:52
    Post #: 54831880
    That has to be a typo on the gold price. Looks like they put the AUD price in instead of the USD price…..hopefully.

    A lot of companies have been using $2200-$2400 AUD lately, so even $2500 AUD is optimistic.

    $2500 USD is approximately $700 USD above spot price which would be a material error if indeed they used it and the MRE would need to be retracted and new whittle optimisations completed imho.
    TSO Price at posting: 11.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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