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67.5¢ tietto minerals limited

Ann: Tietto Delivers Record Quarterly Gold Production of 37,111oz, page-37

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Hinchinbrook

19,940 Posts.

389

08/04/24

11:29

Post #: 73236689
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Originally posted by 1sime1: ↑

Ok so just some back of the note pad calcs and happy to be corrected

currently looking at around 150k oz a year and looks to be improving

AISC was $1311 USD in the December quarterly

Current gold price is around $2300 and we are fully unhedged.

so 150k oz will currently equal around $1000 USD an ounce converted to AUD at current exchange rate is $228 million a year AUD

Current market cap of $700 mil AUD

Debt paid down soon as mentioned

Major holders not going to agree to the take over

Cash on hand/ bullion etc of $82 million AUD as of December assumed now to be higher.

So trading at 3 times profit?

A lot of people being very negative but anyone who invests in mining regularly should know how often ramp up takes and many mines don't start humming for years. Clearly they are on the right track with huge improvements over the past 12 months.

If it wasn't for the take over offer Id be very surprised if this wasn't $1

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WELL SAID..... I am with you, your points ARE worth noting.

I fail to understand "the negatives". They obviously have little experience with Gold Mining Companies.

The "replies" ARE going to be very interesting in the negative, I would think... "alternate facts" and "what If's...".

TIE Price at posting: 62.5¢ Sentiment: Buy Disclosure: Held
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