RE:RE:RE:RE:Production Goliath+Goldlund ??? With the PEA for the Goliath gold complex greatly underperforming my expectations, in notably higher in AISC, built CAPEX, sustaining CAPEX, while NPV5 & IRR disappointed (basically mirroring the Goliath standalone PEA), along with lost of confidence in this management team, I've surrendered my shares for greener pastures.
Not to say that over the next several years TML would not be profitable for shareholders, but one must consider going forward that today's share count will be a distant memory when first production is (supposedly) schedule to start up in 2025, with heavy drilling campaign's, mill expansion, studies, permitting, and so forth in between.
Sprott Research has come out with a price target of C$2.45 @ a long-term gold price of $1850 gold, (why not use $2000?).