TCG 7.50% 18.5¢ turaco gold limited

I agree, we might even see 15-16c on Monday, who knows. None of...

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    I agree, we might even see 15-16c on Monday, who knows.

    None of the current deposits look like they have Resources that are compliant under JORC, so we just have historical production figures and drill intersections to go off.

    However, Woulo Woulo looks like the biggest and easiest one to produce a new Resource update for. The grades aren't super high, but the mineralisation is very wide and there's a lot of it. Think perfect 9-10 year starter pit supplemented by additional feed from other deposits as they come online in future years.

    My initial base case for Woulo Woulo is a 1Moz maiden Resource, to grow over time. 1km strike already and TCG haven't even started drilling it.

    WAF's Kiaka project might be a good analogy, just bigger in scale.
    Last edited by jman0076: 02/03/24
 
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