Hey worzel, thanks for your explanation.
I used a simple method as follows.
Total gold held by Tbr is 149871 oz less Rnd 26% ownership = 110905 oz
Tbr also owns 44% of Rnd 40896 oz which is 17994 oz
So Tbr ownership is 110905 plus 17994 =128899 oz
128899 x current gp 1539.00 is 198,375,561
Then divide that number by the total number of shares of 50m gives me $3.97 c/share in gold value held. Current sp 5.25
W
TBR Price at posting:
$5.25 Sentiment: Buy Disclosure: Not Held
