A new high BUT still grossly undervalued. Maybe at long last...

A new high BUT still grossly undervalued. Maybe at long last investors will have a look at this stock.
This is no exploration play, although they do have a huge Gold Project in Ghana.
This is a producer of 58,000oz per annum with around $100m in cash and bullion on hand. With a JV partner being Barrick.
So you are right ink, a new high, and new buyers starting to take a look.
I have to agree with previous posts that TBR based on traditional Price Earnings models and using their PE of 4 times earnings should be at greater than $6.00 and using more of a mean average PE of say 10 gives TBR a price of greater than $10.00.
Oh, almost forgot, and they own 44% of Rand Mining (RND)that in itself produces 18,000oz per annum and has some $10m inn cash and bullion.