TBR tribune resources limited

just cheap--

  1. ink
    1,413 Posts.
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    From the quarterlies I have estimated TBR/RND have around 110k to 115k in bullion at the mint.

    As gold is now A$1475 this equates to $162m to $170m in bullion.

    Current market cap of TBR $90m

    And sales of gold this year are up 70% from $60m to $105m

    Tax from $7m to over $13m

    Profit ???????? me thinks lots !!

    Mine development at Rubicon and Hornet has been aggressive and extensive.

    Mining costs around $425 per ounce

    Last year produced around 95k ounces

    Positive cash flow for a long time me thinks,

    And if gold goes, even more money.

    Cheers

 
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Last
$4.73
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Mkt cap ! $248.1M
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$4.73 $4.76 $4.73 $5.638K 1.192K

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Price($) Vol. No.
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