TBR 1.54% $7.05 tribune resources limited

wag time

  1. 6,750 Posts.
    lightbulb Created with Sketch. 9
    Time for wild a$#e guesses...

    I am tipping that TBR has approx 12,000 Oz Gold in bullion...
    Big call maybe, but when we look at increased production yet a drop in revenue it all adds up.

    This added to the ~$6m we get from RND will make TBR one cashed up little goldie..

    Enough to fund exploration in both WA and Ghana plus get us started on expansion development.

    The more I thought about it, perhaps this is what the Rand raising is all about, clear the decks of debt to raise funds as has been mooted.

    We are probably seeing some selling of TBR to cover rights as these guys will need to stump up some $$ to pay TBR..
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