TRY - should monster today as people digest the extend of what can only be classified an outstanding quarterly & the operational recovery is complete.
At 14.5c it has a Mkt cap of $65m
Last quarter it produced $14.2m Net Cash After Operations (NCAO)...
So it's trading an approx 1 year NCAO - that's unheard of!!
Add to that:
- Record Production
- Record Gold Sales
- Record low ASIC (All in sustaining costs)
- Stockpiled over 2 mths of ore for the wet season
People were excited about BLK's turnaround & pushed the Mkt cap to well over $100m
Food for thought
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- ASX - Day Trading
- Day Trading Pre Open - 27 April 2018
Day Trading Pre Open - 27 April 2018, page-4
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