Ann: Presentation - Proactive Investors Sydney CEO Session, page-2

What a wonderful presentation for a sustainable gold miner in the making !

They pointed out to other success stories in africa. What I love most is their comparison to one of my biggest share positions (view their no.2 of success stories) !

If this share price -TGM- would only be half as successful as my other one from my first bargain in bushi , I would be more than satisfied !!
By the way I added more shares in bushi with climbing prices several times, and I am glad thereof. Perhaps you know, averaging down a share price could be a good tactic, but averaging up is not so popular, but sometimes it pays off. Indeed bushi's price lost a greater part of their gains (nearly 40 % from peak), due to faling vanadium prices, but I don't worry about it, they will recover as you see it now with gold prices since awhile.

But back to TGM, some points here:
• Theta Hill Resource 4.48 Mt @ 4.14g/t Au for 600,000 ounces
• Feasibility Study expected this quarter
• LOM of 7.6 years, 67kozpa average @ AISC US$569/oz
• Peak Capital of US$16m, including US$11m for CIL plant refurbishment
• Post‐Tax/Royalty NPV7.5 of US$152m and IRR of 132%
• Post‐Tax/Royalty Net Cashflow Life of Mine US$213m
• Board and Management focused onresumption of production at the earliestpossible time
• Majors own 85%

Why do you think it is not worth considering to buy some of these shares ?
Please note, this is only my humble opinion, but not financial advice.