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Toubani Resources Limited Registered Shs ( (AU:TRE) ) has shared an update.
Toubani Resources has confirmed the viability of its Kobada Gold Project through a Definitive Feasibility Study, showing strong financial metrics and a significant gold reserve. The project, with a post-tax NPV of $635 million and IRR of 58%, is poised to become a top gold producer in Mali. Engagement with the Mali government, along with strategic developments and favorable market conditions, positions Toubani for future growth, making the Kobada project a key contributor to Mali’s economy.
More about Toubani Resources Limited Registered Shs
Toubani Resources Limited is a mining company operating in the gold sector, focusing on the development of the Kobada Gold Project in southern Mali. The company is involved in large-scale gold extraction efforts, with an emphasis on low-cost, high-margin operations.
YTD Price Performance: -20.59%
Average Trading Volume: 379,914
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$13.01M
Learn more about TRE stock on TipRanks’ Stock Analysis page.
