RE:RE:RE:RE:Time will tell
TGZ is not cheap now.. there are sunken costs related to Sabodala AND the new project.. Sabodala always burns money through the backdoor (stripping, relocation of villiges, royalities or other things) ..look at Q4 ..they hat a good quarter and not able adding money to the bank... Banfora the same ..since aquistion they burnt about 60 million $ there , the half of the projects small NPV .. i don't know.. i simply don't like Teranga long term ... i trade this stock ..buying near 3 CAD..selling it near 4-5 CAD ..
Alio Gold.. and lacking focus... i don't think this is the truth.. listen to to CC yesterday ... 2 - 2.5 million USD for SF in substaining costs this year.. at the Nevada operation they need some money for Crushing Equipement but the operation already makes money ... this is good.
Ana Paula exploration makes sense because they want the underground-material (high -grade) as mill-feed from the beginning (5000 tonnes/day to 6000 tonnes per day) ... it absolutly makes sense deliver an feasibility study including underground mining later int he year..