‘According to Rand and Tribune's annual reports, their share of gold from the EKJV, now part of Evolution's Mungari operations, came in at 31,497oz of gold and 3657oz of silver, the lowest since 2006.
Their combined share of the EKJV hit a high of 119,834oz gold and 20,567oz silver in FY19.”
However despite the apparent diminishing returns, as you point out Astavrou, TBR/RND continue to produce very healthy free cash flows and keep stacking onto their relatively enormous piles at the mint.
‘According to Rand and Tribune's annual reports, their share of...
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