TRY 0.00% 3.0¢ troy resources limited

Undervalued to other Goldies

  1. 2,060 Posts.
    lightbulb Created with Sketch. 1393
    @kojak78 is calling-
    18568 ounces in the September quarter up from March and June (11675 + 17328 oz.)
    State figures of 19409 oz.
    Cash levels end of September could be up back to just shy of 9-10M then to 20M
    yet AISC reduced to US$1,208/oz from US$1,539/oz in the previous 2 Qs
    so AISC cant be over 1200 and should be 1100-1150 this Q.
    ARSP/sales price improved from 1221 to 1255, PRU in ghana is at 1280

    So on prior results I predict Q1 report to come in at :-
    prod = 18800
    AISC = 1150
    ARSP = 1280
    margin = +US$130poz
    sales revenue = $24MpQ
    NFCF = +US$2.5M (up from US$814k Q4)

    Compared to PRU in ghana,
    with 50kozpQ production and AISC at 1200 and Market caps of $350M
    Compared to SLR in WA
    35kozpQ AISC 1400 Market cap $190M
    Compare
    TRY at 19kozpQ at AISC of 1150/1208 with a mcap of only $50M
    TRY has lower costs, strong production with market cap 2-5 times smaller than PRU SLR!

    TRY looks undervalued by a 2-4 bagger compared to PRU SLR and other goldies

    Singapore’s Republic Investment Management, which owns 5.1 per cent of the company’s stock and had 40% of the vote, should start to increase its stake here to try to gain that elusive 15% it needs to takeover. TRY,
    All of this should positively affect the share price.
    Last edited by Samboy69: 26/10/17
 
watchlist Created with Sketch. Add TRY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.