Hey Doc. Thanks for sharing.
There are 5 operating gold plants within trucking distance of Bundarra.
How do you think the numbers would look on a toll treatment basis ?
On current assumptions and if TMX had to raise $15m to get their own plant going (placed stock at $0.05c) they have to issue 300m shares for a new total of 388m shares on issue.
With $7.8m after tax profit they'd have EPS of $0.02cps.
If they toll treat the EPS might be better ?
Climate Change
Every day.
update needed, page-6
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