Cashflow Crunch?

So TRY says karouni to produce 100,000 to 120,000 ounces for CY 16.

Thats 50,000 to 60,000 ounces to June 2016.

At All in costs of 525-550. USD

So assuming 60,000 ounces and costs of 550 and ASP at $1250/oz gives $42m USD.

Maybe costs will be much lower and gold price much higher?

Other mine production is rats n mice.

They might squeek in with the full debt repayment or they might not.  Hope rain does not stop the parade. One assumes TRY has budgeted with the weather in mind???

Thanks to its proximity to the Equator, there are only two seasons in Guyana: rainy and dry.

On the coast, the rainy season occurs from May to mid-July and mid-November to mid-January.

The rainy season in Guyana’s interior, however, is different. The heavy rains come from May to August; during these months huge swathes of the savannas flood and rivers can rise some 30ft above their dry season levels.