+1 year LOM = 8.0c extra per share
According to @savaslini
thats 20c per share
= 3 years LOM as its looks, = 36c per share
You realise that they are drilling at a 1 km long area right?
With a 40 km tenement length surrounding a 100m open pit
Only 10km north of their Karouni mill
With only 21 holes assayed first off only half that planned with likely now another 100 planned all around,
"TRC001 is approximately 200 metres along strike from the historic high grade intercept of 1 metre at 868.7 g/t (hole TAL95-01) referred to above...Hole TRC013 was drilled some 100 metres in strike extension to the south east of TRC001 and 110 metres to the north west of TAL95-01"
If this is proven as large as it looks, its another Guyana shield super pit discovery with 10 years LOM and 4M oz reserves.
Its got a larger potential than the Omai Super pit 50km east
Omai was a 4Moz world class open pit mine.
TRY Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held