TRY
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0.00% 3.0¢ troy resources limited

gold production at $90 an ounce ..., page-3

  1. FiendishRedbeard
    9,111 Posts.
    lightbulb Created with Sketch. 909
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    26/03/09
    11:24
    Post #: 4945799

    Great pick up here by TRY.

    Roughly paid US45/oz for advanced, expandable, high grade low cost open pit which is cheap imo. IAU quoted US$80M capex with US$90/oz operating costs, with second hand equipment TRY is likely to reduce this further and could easily pay total capex off under 2 years.

    (Disc; hold IAU and ticked off)
    TRY Price at posting: $1.23 Sentiment: LT Buy Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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