TRY 0.00% 3.0¢ troy resources limited

Don't mention the Flood, page-44

  1. 61,166 Posts.
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    There is $1m final payment due by Febuary 2017 for the Brazil plant

    $1m payment was made on signing of the deal for casposo, not sure if the other $2m is has paid. Austral has the option of buy another 19% for $1, from what I understand they have untill March 2017 to take up that option.

    This from Austral last quarterly report
    The Casposo mine, 51% owned by Austral Gold and 49% owned by Troy Resources, was fully recommissioned during the period and commenced full commercial operations. Recommissioned production was 4,457 Au oz and 313,765 Ag oz for the quarter (100% basis).

    There is a mention of AISC of $934 at Casposo so seems it's making a profit
 
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