valuation comparison, page-2

This list shows that TRY is the most undervalued gold producer on the ASX!
Where do you think TRY is mining in Iraq or on the moon? Its english speaking common law & very stable Guyana with loads of Hindu Indians running around playing cricket.

Add to this list on my figures DRM :-
MC $130M production 74000 mc/oz 1,757 AISC A$1000

TRY $60M production 70,000 (prorata on Q3 now at 87,000), mc/oz 857 - 689 (prorata) AISC A$935

Q3 reports comparison DRM v TRY (in US$):-
production = 18551 v 21703 (TRY +17%)
AVRP = U$1257 v U$1328 (TRY up +6%)
revenue = U$29.4M v U$30.6M
AISC = U$760 v $720
debt = U$21.2M v $16.2M (TRY lower 31%)
cash/bullion = $18M v $9.6M (DRM double)
free cashflows = U$15M v U$14.2M
Market cap = A$130M v $60M, (DRM up 117%) a 1+ bagger difference

Hence on a DRM NPV basis, TRY NPV should be at 31c
but due to escalating production/lower costs/lower debt TRY should be even more at ~35-40c
But the market doesnt agree ....yet!
We might as well be mining on the moon.

TRY will FLY.