brr announcement what did it contain folks, page-25

what a load of cr#p. I'm much happier to be investing in a mine that has been thoroughly researched, drilled, and planned prior to it being commissioned. Congratulations to TMR for taking the guesswork out of our mine. A good reality check and clean out for the holders thinking they'd get rich trading TMR in short term cycles. We'll all be better off without them on our books.

Now these are the facts:

Last year:
-net profit of $6.57m
-EBIT was $12.58m on revenue of $46.53m.
-Earnings per share were 0.8c.

This year:

- costs will fall as it sources more ore from its Cinabrio operations and Punitaqui moves to full operational status.
-NVP & Earnings outlook WITHOUT Armenia: US$/Share .22 on $273m (more than DOUBLE the current market capitalization!!!, and more than 5 times the earnings on the previous year)

net 2008 profit of: ????? Yes, watch this space, and DREAM of the share price at 13c when it's announced. You people are acting like somebody dropped a bomb on the Lichvaz project, and erased it from their books. I'll take a bottom line of 270+m any day thanks, and be VERY happy to add another couple of hundred million to that when our gold comes online. The fact is, this was massively oversold when it was trading at 22c. Easily one of the most undervalued, if not THE most under vauled stock currently trading on the ASX.