cash up, cost per oz down. all good, page-4

if you exclude the recent Casposo acquisition, or value it at exactly what it was paid for, Troy has an EV of A$21.3m at $1.23.

$21.3m for a cashflow positive 50,000ozpa gold mine (all capital costs paid for), another cashflow positive mine in WA, iron ore project in negotiation for sale, a gold plant...

And they are unhedged to the upside with gold at over A$1,250.

This company will be at $2.00 EASILY by the end of the year, and aim for $4.00 by the end of next year.

Mark those numbers in your diaries.

happy researching.