TGM theta gold mines limited

Some thoughts over TGM’s future?

  1. 68 Posts.
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    I have dig some info from ASX and TSX operating gold mine, the PE value range from 15-30x.The first phase of production will bring USD 30M(AUD 40M)(@gold price of USD1500, all in cost USD855) profit. the market cap should be way much more than AUD 600M according to first phase production?Without further capital raising and dilution, SP should be AUD 1.2 when the first gold bar poured? If gold price keep 1900+, the SP should be somewhere around 2? correct me if i was wrong?
 
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(20min delay)
Last
18.0¢
Change
0.005(2.86%)
Mkt cap ! $168.4M
Open High Low Value Volume
18.0¢ 18.0¢ 18.0¢ $5.365K 29.80K

Buyers (Bids)

No. Vol. Price($)
1 10193 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.5¢ 251196 3
View Market Depth
Last trade - 10.41am 31/07/2025 (20 minute delay) ?
TGM (ASX) Chart
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