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0.00% 40.0¢ tectonic resources nl

TTR AGM on AT 11.00am this morning. Punting the feasibility...

  1. Bargold
    88 Posts.
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    24/11/05
    12:05
    Post #: 1240843
    TTR AGM on AT 11.00am this morning.

    Punting the feasibility study will be released before then.

    Latest research says they will need $20m to get Phillips River producing at 55,000oz pa by XMAS 2006 with a mine life of least 10years. All the major capital items have been secured already: a saving of $20m on new equipment at todays prices.

    Gold production will be 60-80,000oz pa (incl 50% Burnakura mine) and copper concentrates of 1000 tpa which should realise cash operating margins of $15m pa

    Looking cheap again

    TTR Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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