TBR 7.95% $3.94 tribune resources limited

wag time, page-2

  1. 832 Posts.
    So my very off the cuff calculations would be:

    $13m in Bullion

    Last quarterly 7m cash - lets say they have spent 2m - so 5m onhand

    6m from Rand.

    So TBR as I see it:

    13 + 5 + 6 = 24m in cash or recievables
    High Grade Gold Reserves low cost operation
    Great exploration potential in WA & Ghana
    Extremely tight register (probably to tight)


    With a market cap of 36m!

    Either an absolute beauty of a hidden gem or there is something seriously wrong with this company that I have missed.

    I would hope to see a mininum 100% increase in the next 6months however I think the market cap could support 2 or 3 times that. Thats why I've put my money in anyway.

 
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Last
$3.94
Change
0.290(7.95%)
Mkt cap ! $206.7M
Open High Low Value Volume
$3.65 $3.94 $3.65 $23.04K 6.01K

Buyers (Bids)

No. Vol. Price($)
1 1664 $3.87
 

Sellers (Offers)

Price($) Vol. No.
$3.95 1240 1
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Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
TBR (ASX) Chart
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