TRY 0.00% 3.0¢ troy resources limited

Ann: Outstanding Assay Results at Ohio Creek, page-43

  1. 1,538 Posts.
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    All debt (including trade debt) will be taken care of within 9 months, the additional 9 months you stated will bring in ca A$25m at current gold prices. Then you have A$10m for the remaining 30% stake in Casposo. Then you have A$300m in carried losses worth up to $90m. And of course the Sandstone and iron ore royalties.

    Current operations will yield more ounces because the pit designs can be altered (nearly 1m ounces in resources) once the gold price is higher. Small underground will be accessible from Smarts 3 at more than 10 g/t (maybe 10-20k ounces).

 
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