re: Ann: Scoping Study confirms viability of ... Isn't a Scoping Study and then a BFS what determines a projects viability? Assuming the paramteters they use dont change drastically of course.
With ongoing drilling, resources not yet factored in (Gem Restored), improved mets and cost savings (as they have alluded to) then the free cash to TTR could well be over $200m once the BFS is finalised. What will the gold price be then?
The key really though is the market cap. They are worth $20m and have $5m in cash. Many two bit explorers have bigger market caps with far less cash and no projects on the horizon for many years.
Unfortunately market sentiment for goldies seems to be directed at producers for solid gains and explorers for big gains. TTR is kinda in the middle with its Scoping Study. Mayby drill results will set it off?
re: Ann: Scoping Study confirms viability of ... Isn't a Scoping...
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