Stephen Reiser's questions to TRX GOLD (TRX) leadership • Q3 2024
Question
Asked about the company's plans to improve investor perception of Tanzania, sought a pro forma outlook on gold production and operating cash flow for the next 12 months following the plant expansion, and inquired about the plant's potential throughput capacity beyond 2,000 tonnes per day.
Answer
The CEO agreed that telling the positive story of Tanzania is important and that investor sentiment is improving, but it takes time. Regarding future production and cash flow guidance, he stated they are in the budgeting process and will release figures soon, but confirmed the direction is for extremely healthy growth. He clarified that the crushing circuit has capacity beyond 2,000 tonnes per day, which provides room for future grinding capacity increases.