TBR 1.54% $3.95 tribune resources limited

Ann: Quarterly Activities and Cashflows Report, page-7

  1. 12,259 Posts.
    lightbulb Created with Sketch. 3833
    From the annual report, as at 30 June 2015.

    "Gold on hand at 30 June 2015 has a net realisable value of $244,037,874 (2014: $169,489,965) measured at spot rate. Gold
    in transit had a net realisable value of $1,105,244 (2014: $2,327,412) measured at spot rate. Spot rate for the year was​
    $1,529.22 (2014: $1,393.11)."

    At the current spot rate of A$1660 that gold will have a realisable value of $258 million and doesn't include any gold that has been added since 30 June 2015.

    So the best answer I can give is greater than $258 million/$1660/oz = 155,421oz

    You can probably add another ~ 11,000oz for the last 7 months of production. So maybe about 166,000 oz (atributatable to TBR) currently worth about S275 million. If that's right its not bad for a company with a market cap of $176 million.

    @worez1 normally has a better handle on this question. Maybe he has a better idea.

    Eshmun
    DYOR IMHO
 
watchlist Created with Sketch. Add TBR (ASX) to my watchlist
(20min delay)
Last
$3.95
Change
0.060(1.54%)
Mkt cap ! $207.2M
Open High Low Value Volume
$3.89 $3.95 $3.89 $72.81K 18.45K

Buyers (Bids)

No. Vol. Price($)
1 2481 $3.90
 

Sellers (Offers)

Price($) Vol. No.
$3.99 400 1
View Market Depth
Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
TBR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.