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Theta Gold Mines ( (AU:TGM) ) has issued an update.
Theta Gold Mines Limited has retracted its ‘Base Case’ production target and forecast financial information from its recent Optimised Feasibility Study after consultation with the ASX. The retraction was due to the inclusion of a significant portion of inferred mineral resources, which lacked a reasonable basis for the forward-looking statements. Investors are advised not to rely on the retracted information for investment decisions, although no issues were raised regarding the Reserve Case production target.
More about Theta Gold Mines
Theta Gold Mines Limited is a company in the mining industry, primarily focused on gold exploration and development. It operates in the gold mining sector and aims to develop its gold assets in South Africa.
Average Trading Volume: 369,654
Technical Sentiment Signal: Buy
Current Market Cap: A$244.3M
See more data about TGM stock on TipRanks’ Stock Analysis page.