Just an exercise to confirm holding my position in TVI.....Looking at TVIRD's mining projects solely based on the total value of minerals in the ground for Balabag,Siana and Mabilo.
I am using a mid value of $100 usd per gold ounce in the ground.
Balabag 100% , total 331,000 ounces Minus gold mined to end of November 2024 of 136,000 = 195,000 remaing = $19,500,000 in the ground.
Siana 100% , total 720,000 ounces Minus estimated gold mined to end of Nov/24 of 40,000 =680,000 remaing = $ 68,000,000 in the ground.
Mabilo 60 % , 1,970,000 GEO x 60% = 1,182,000 geo in the ground = $ 118,000,000
TOTAL VALUE of 3 Projects $ 205,500,000 x TVI's 30.6 % = $ 62,880,000 DIVIDED by 750,500,000 outstanding shares = $ .083 per share.
SUMMARY; I am good.glta