Jul. 3 at 2:18 PM
$TRX Self-Funded Growth Without Dilution: Typically, junior miners are forced to dilute shareholders by issuing new shares to pay for facility expansion. TRX is generating strong operational cash flow from its Buckreef Gold Project in Tanzania. Its ongoing mill processing expansion is fully self-funded from its own existing cash resources rather than relying on high-interest debt.
The High-Margin Cushion: Because their cash operating costs to pull gold out of the ground sit at roughly
$1,400 an ounce, TRX maintains an exceptionally high profit margin even with spot gold pulling back to the
$4,180 range.
TRX is aggressively working on a massive plant expansion to hit a processing capacity of 3,500 tons per day. The target completion date for this ramp-up is scheduled for mid-2027
