TBR 0.43% $7.06 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.

watchlist Created with Sketch. Add TBR (ASX) to my watchlist
(20min delay)
Mkt cap ! $370.4M
Open High Low Value Volume
$7.03 $7.06 $6.96 $156.6K 22.30K

Buyers (Bids)

No. Vol. Price($)
1 1499 $6.89

Sellers (Offers)

Price($) Vol. No.
$7.06 10488 1
View Market Depth
Last trade - 16.10pm 03/07/2020 (20 minute delay) ?
TBR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.