TRY fundamentals

Hi everyone,

So here we are....worried about TRY.
2015 although a company building year but was very difficult for TRY.
The new mine is almost close to going full steam...not a huge production ounces wise but highly profitable even at this USD 1100 gold price. According to the CEO( Martin Purvis) who is a great guy, every ounce will bring USD 500 dollar profit margin(AUD 700 +). There are not many mines in the world which will generate that sort of profit margin.( Yes, all this is in theory and yet to be proven...which it very will be in 3-6 months time).The upside exploration potential is huge which they are about to start right now. Karouni is located right in the middle of the greenstone belt. If anyone looks at the map it is surrounded by mines having 5-18 million ounces, which gives me confidence that after successful exploration our 1.1 million ounces resource base will be largely expanded.
We have the top people in business running the mine.
We have technically the best possible location...

What we don't have in control is the Gold Price. If the gold price crashes from here that totally is another story( very highly unlikely). But if the gold price holds here even at this low levels..it will serve the company very well.
The downside for TRY from this level is very very small, but the upside could be massive.