TIE 0.37% 67.8¢ tietto minerals limited

I can't see any serious analysis of the revised figures, this is...

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    I can't see any serious analysis of the revised figures, this is my take.

    As per announcement
    The updated production schedule shows a stable production profile for the seven yearsending 2030 averaging ~172,000oz of gold production per year at an expected all-insustaining cost basis under $1100/oz.

    Presuming that $1100/oz means US$1100 if we take the gold price at US$1850 (currently US$1958) we have
    172,000 x US$750 equals US$129,000,000 current conversion is AU$202,000,000

    IMO that makes the current market cap of $402M well undervalued
 
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