Aug. 13 at 8:38 PM
$TRX straight from the horses mouth. Ask yourself if you doubt.
As outlined in the Preliminary Economic Assessment (PEA) we published last year, our current priority is to use cash flow from operations to self-fund the expansion of our processing plant. This strategy provides a clear path to creating significant long-term value, as reflected in the study's after-tax NPV of US
$1.9 billion at a gold price of US
$4,000/oz.
Our objective is to continue executing on this plan, and we believe that successful execution should be reflected in a higher equity valuation over time. The PEA also demonstrates the project's strong free cash flow generation potential throughout the life of the mine. As that cash flow grows, we intend to allocate capital in a disciplined, shareholder-focused manner to maximize long-term returns.
As we evaluate future capital allocation opportunities, we will consider a range of options—including share repurchases—alongside strategic investments
