TRY 0.00% 3.0¢ troy resources limited

Ann: Appendix 4E and 2017/18 Year Statutory Accounts, page-3

  1. 60,248 Posts.
    lightbulb Created with Sketch. 727
    Would not call myself a forensics expert.

    I note the report was marked as price sensitive, not sure why but I presume it's simply that it's the full year accounts.

    Only had a quick skim through it and I think the thing that stands out is that over all it was far better than the previous year.

    I agree try are in a tight cash position any major issue with the mill and they would be in the poo but if the can have another two quarters like the last it should be smooth sailing from there.

    We should get a resources update/upgrade soon and at least a small LOM extension, but yes longer LOM extensions is required in the medium term. There are plenty of resources in the indicated and inferred categorise, matter of when/if they can be upgraded to proven.

    There has been mentions of pit extension and additional smarts and hicks pits, not sure how advanced they are. Smarts Underground has about 3 year of ore at this stage, dare say feasibly study for that is well advanced and just need a bit more drilling.

    If I recall correctly all going well TRY will be debt free by the end of year, that being the case there will be more funds for further exploration
 
watchlist Created with Sketch. Add TRY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.