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.
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $92.50M |
Open | High | Low | Value | Volume |
12.0¢ | 13.0¢ | 11.0¢ | $27.53K | 231.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 129679 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 27688 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 129679 | 0.110 |
3 | 168000 | 0.100 |
1 | 2700 | 0.091 |
1 | 50000 | 0.080 |
1 | 6781 | 0.073 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 27688 | 1 |
0.140 | 14705 | 2 |
0.150 | 59999 | 2 |
0.155 | 10000 | 1 |
0.160 | 20000 | 1 |
Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
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