TGM theta gold mines limited

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  1. 5,637 Posts.
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    **promotion blocked**.au/companies/...-at-south-african-open-cut-project-11654.html

    These guys always look awkward on Proactive TV. However you cant help getting excited about their vision.

    1) Expect continual Resource upgrade
    2) DFS say around March
    3) Gold bars towards the end of 19
    4) Extensive exploration

    I doubt Gold bars by the end of 19, but I do expect them in 2020.

    My conservative valuation for a successful DFS with 1M OZ open pit and 16M CAPEX would be close to $150M and then its all upside, unless they butcher this rare opportunity.

    Gold is coming back
    South Africa is Coming back.

    We just need the SP to follow.
 
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(20min delay)
Last
17.0¢
Change
0.005(3.03%)
Mkt cap ! $159.1M
Open High Low Value Volume
17.0¢ 17.0¢ 17.0¢ $23.74K 139.6K

Buyers (Bids)

No. Vol. Price($)
3 26260 17.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 13491 1
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Last trade - 11.11am 11/08/2025 (20 minute delay) ?
TGM (ASX) Chart
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