Reading the TBR/RND quarterly i assess we made around $8m profit for the quarter.
Produced 19,065 ounces gold and 4,400 ounces silver
Sales $23.807m- if we assume we realised A$1425 (and NST averaged $1444) we sold 16,700 ounces and kept around 2250 ounces gold and all our silver.
Value $3.15m gold and around $800k in silver Plus increase in cash $1.7m Plus one off currency loss $450k- how much money do we have in US dollars ?? Plus $2.270m in equity purchases - RND buying TBR shares.
Total $8.37m
About right when u read NST quarterly that states all in sustainable costs for EKJV around $706 per ounces.
TBR/RND produced 19,000 ounces, therefore made around $700 gross profit , some $13.3m, less tax and what we have spent in Liberia and Ghana, etc.
Cheers
TBR Price at posting:
$2.88 Sentiment: Hold Disclosure: Held
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