TBR 2.32% $4.85 tribune resources limited

I'm not sure whether TBR is the parent. As originally RND...

  1. 80 Posts.
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    I'm not sure whether TBR is the parent. As originally RND and TBR were set up more like sister companies with cross ownership. RND is single asset EKJV and TBR also has been developing offshore assets.
    Albatross - as you've mentioned before RND was divested of its TBR holding.
    I believe the inventories are seperate and the financials reflect this.
    However both RND and TBR inventories have all been derived from EKJV.
    Whereas TBR has net costs associated with its developing Offshore (Philippine) African resources - these I believe have not yet contributed to TBRs inventories and therefore imo TBR may have a higher AISC than RND across its inventory.
 
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