TRY 0.00% 3.0¢ troy resources limited

Ann: 2015 Financial Year Results Announcement, page-2

  1. 11,818 Posts.
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    Damn. It hurts to see a good stock like TRY get smashed so low.
    Basically, Casposo is now going to be a small silver miner (but not surety it will be profitable at all), Andorinhas is almost closed (and already sold off) and commissioning at Karouni is now delayed a minimum of 6-8 weeks. Or end of October.

    TRY is going from a 2 mine company, to 1, then the one they have is being halved (at a guess) and finally Karouni is late.

    The fact they are conserving cash is a positive, but I hope that does not mean its because Karouni costs are growing.

    Sigh.
 
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