TGM 0.00% 18.0¢ theta gold mines limited

gravy train, page-19

  1. 2,454 Posts.
    lightbulb Created with Sketch. 20
    Hey mate

    my understanding is its just getting enough shallow ,open cut , close to mill ounces for a decent ROI to get the finance for the mill refurb

    then get the UG done with all the cashflow from that... to get to 100 koz / year

    [ generally MC of miners is around 250mil MC at 100 koz / year or approx 8 times current MC ]

    5+ Moz is a ridiculous amount already....

    once we are back into production again im sure it will be obvious to scale more the 100 koz a year once the mega $ starts coming in... no use waiting 50 years to go thru it all... 5 times that at 500koz a year down the track seems like a much better long term goal
 
watchlist Created with Sketch. Add TGM (ASX) to my watchlist
(20min delay)
Last
18.0¢
Change
0.000(0.00%)
Mkt cap ! $117.4M
Open High Low Value Volume
17.5¢ 18.0¢ 17.5¢ $9.07K 50.4K

Buyers (Bids)

No. Vol. Price($)
6 65221 17.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.0¢ 28526 2
View Market Depth
Last trade - 12.44pm 27/11/2024 (20 minute delay) ?
TGM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.