TBA 0.00% 2.6¢ tombola gold ltd

DB very comprehensive analogy of where we are with TBA. Glad...

  1. 290 Posts.
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    DB very comprehensive analogy of where we are with TBA. Glad someone knows the ropes. I was glad to see you're showing a profit of $2.85m per month which was refreshing. DB I think that if they can somehow keep the mining costs under control your report shows TBA can be profitable. We have 133,000 tonnes at Golden Mile so 800 tonnes a day is 24,000 tonnes a month which gives us over 5 months ($16m profit less mining costs) then starts bringing in ore from Mt Freda. Mt Freda is supposed to be high grade and the latest drilling on Mt Sheelite is super high grade. The problem or the elephant in the room is the outrageous expenditure like tearing up money at the mine site. That has to change and if that is fixed TBA has a future. Great work DB and was happy to see the final was a profit at least in the GAM plant stand-alone.
 
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