Theta Gold Mines (TGM) - Methodical Gold Developer 6Moz Resources nears FS

Matthew Gordon,
Ptolemy Capital

29:14
4 Weeks ago

Theta Gold Mines is an Australian gold developer with assets in South Africa and over 6Moz of resources. Theta Gold Mines is an extremely methodical vessel that has moved its gold projects forward cautiously, with a 5-year ramp-up strategy taking centre stage. Theta Gold Mines recently raised around $4M and this will be used to complete a feasibility study for Theta Gold's 74%-owned Theta (open cut) high-margin, low CAPEX gold project. Theta Gold Mines will still need around $30M-$40M to get into production but with a gold resource this large and a gold bull environment as positive as it is right now, we see no reason why the company will have any difficulties.

#Theta Gold Mines #Gold #ASX #Bill Guy

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17th September 2020
17 minute read

Theta Gold Mines. ASX: TGM Shares Outstanding: 458.92M Share price A$0.24 (17.09.2020) Market Cap: A$117.02M Interview with Bill Guy, Non-Exec. Chairman of Theta Gold Mines (ASX: TGM) Theta Gold Mines is an Australian gold developer with assets in South Africa and over 6Moz of resources. Theta Gold Mines is an extremely methodical vessel that has …

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