TRX Gold Targets 50% Production Growth at Buckreef Through Self-Funded Expansion

TRX Gold Corporation is implementing a scalable growth strategy at its Buckreef project, aiming for a 50% increase in production over the next two to three years. Notably, the company is financing this expansion entirely through internal cash flows, avoiding reliance on external debt or equity financing. This self-funding model leverages high-margin production to drive sustainable growth and operational independence. Financial projections suggest that as production ramps up, the company's EBITDA could reach between $80 million and $100 million. By focusing on internal fundamentals and organic growth, TRX Gold aims to maximize shareholder value while reducing its direct sensitivity to gold price fluctuations.