TGM 0.00% 17.5¢ theta gold mines limited

Ann: Independent Investment Research Report Released, page-11

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  1. 1,779 Posts.
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    Did you see how excited Rob was? That was just beautiful. Might be there is a slight overdoing it given he was talking to proactive but still. Also IIR did some estimates on how many oz there might be at Theta. They reckon at least 1Moz. It's written out in words way deep in their report so hard to find but I think we have a game changer here. Plus their recovery should be around 95% which is just spectacular and combined with only 45m of overburden they'll be hitting high grade gold veins without a doubt. It is entirely possible that after an initial period of slightly higher AISC c800-900 usd. Their production costs will drop to closer to mid 600. And that could be very very material for the company.
    Last edited by mikesz: 21/03/18
 
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