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Teranga Gold Corporation T.TGZ

Teranga Gold Corp is a Canadian-based gold company with assets is production, development, and exploration situated on prospective gold belts across West Africa in Burkina Faso, Cote d'lvoire and Senegal.


TSX:TGZ - Post by User

Comment by Luc1961on Aug 30, 2017 1:54pm
194 Views
Post# 26638203

RE:RE:RE:Great News!!!!

RE:RE:RE:Great News!!!!....valid comment Public_H. Note however that the $230M (or $285 CDN) quoted in the NR is just for the first 5 years (not 14). So if we were to apply the PE Ratio on the free cashflow instead of the profit arising from PoG minus AISC, you're absolutely correct that the number is far less. About $57M instead of $97M. Doing the same calculation as before with $1,250 gold and a PE Ratio of 15 yields a share price of $7.99. Not bad. $1,300 gold and a PE Ratio of 20 would yield $11.08. So the question is: how will the market do the math. For today at least, it seems like the market views the news positively. Now TGZ needs to deliver on this news....! GLTA
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