TBR 3.26% $4.75 tribune resources limited

EV less than zero - Profit of $56M on Mkt Cap of $204M

  1. 1,107 Posts.
    lightbulb Created with Sketch. 115
    For the consolidated entity I estimate that the profit for the year - pre tax - would be about $56M if the 36.8koz had been sold rather than held in stock.

    So an operational PER of less than four PLUS $264M of gold held at the mint.

    Very impressive numbers. The directors are right when they say the price doesn't reflect the underlying value.
 
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