Ann: Exploration Update, page-4

Mr Ken Nilsson, Managing Director of Troy, said today:
“With these new intersections, together with the higher gold price now prevailing, it now makes considerable sense to evaluate the potential of Smarts Underground as Troy’s next mining project.”

Superb.

I think Troy is set for a substantial re-rating. Either that or someone will make a play for them. After today's results and in light of the clear turnaround that's underway at Karouni, any potential acquirer will have to pay up.

It's as though Troy's luck has changed. As I've said before, I think there's some truth to the adage that 'you make your own luck'. And Troy has certainly earned some, imho.