This was wrote on 5 April let said cost over run let us look at usd1000/oz net profit x 200000 = usd200m/year b4 tax the leach heap can be self funding for $100m And ready to leach in 2025 to add 85000 oz/year no debt Hydro Power at 12c/ kwh no need CR by 2024, TIE will be minting alot of $
Based on POG at $2000/oz +_ Based on current expected production for H2 2023 105,000 ozs X $1000/oz profit = US$105 m before taxes.
More than enough $ to help pay for the half of cost of leach heap. to get TIE another 80,000 ozs in 2025
TIE Price at posting:
58.0¢ Sentiment: Buy Disclosure: Held