TGM

2.94%

17.5¢ theta gold mines limited

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ThePig

3,033 Posts.

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20/02/19

08:13

Post #: 37493481
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Originally posted by DetiMr: ↑

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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Thanks for telling us something we have known about TGM for a long time.

Or is the point of your post to cross-promote that other company?

TGM Price at posting: 9.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 17.5¢		Change 0.005(2.94%)		Mkt cap ! $140.5M

Open	High	Low	Value	Volume
17.5¢	17.5¢	17.5¢	$1.411K	8.064K

Buyers (Bids)

No.	Vol.	Price($)
1	91936	17.5¢

Sellers (Offers)

Price($)	Vol.	No.
18.0¢	101166	5

View Market Depth

No.	Vol.	Price($)
1	2856	0.165
2	48000	0.155
2	24826	0.150
3	90128	0.145
1	20000	0.140

Price($)	Vol.	No.
0.180	101166	5
0.185	97452	3
0.190	111513	4
0.200	119474	4
0.220	157637	3

Last trade - 15.59pm 11/10/2024 (20 minute delay)

TGM (ASX) Chart

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