TBR 0.22% $4.64 tribune resources limited

Ann: Quarterly Activities & Cashflow Report - June 2020, page-7

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  1. 12,261 Posts.
    lightbulb Created with Sketch. 3833
    They also mined 16,960oz from Raleigh, Rubicon, Hornet and Pegasus (which is 37.5% of EKJV production for the quarter, ie TBR's entitlement).

    In TBR's March quarterly report they announced that TBR's share of all stockpiled ore stood at 209,047 tonnes at 4.42g/t (= 923,988g of gold or 29,710 oz of gold).

    With TBR's share of June quarter gold toll processing only 6,643.5oz that leaves 40,026.5 oz in stockpiles by my calculations, which is worth $109.7 million (before haulage and toll processing costs) at todays gold price of $2,740/oz.Esh
 
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