Ann: June 2018 Quarterly Report, page-102

Foresight -
March 2019 first quarter.
Based on Current @ production, sales etc etc,
No Investec obligation/no 3 million, no 5 million, no million outgoings per quarter to Investec - obviously - the silver bullet remedy.
Just 2 quarters away - stockpile available being positive grounds but grades likely to diminish as per previous forecast creating some potential headwinds - obvious?
Just to reiterate - no Investec debt obligation!
For f* sake break out the cheese & crackers(all the cheap shayt) likewise the board hopefully aiming to get sloshed, smashed & ripped in early 2019 for an undefined period of time in recognising the transition from supported to independence and in order of carrying on the intention of providing a reasonable ride for existing shareholders, especially long termers, and those that voted the guys stay in control, beat it Investec...2019

Rehash -
Once again - 3-5 million per quarter outgoing - ongoing - outgoing - ongoing - outgoing.

Slims Shady deals -
Here's to hoping Troy management don't take advantage of the situation & declare capital required as a means to support their exorbitant remuneration, feel free to talk it up but who accepts such high reward when there is no proof in any pudding - not me that's for sure -
the numbers are there. I don't mind being engaged in this discussion with John & Peter - at least they get my objective perspective and I get theirs, feel free to comment.

Back to reality -
1.3 million cash, 3.9 million in gold inventories at current market value - June quarter end.
"The plan is to clear all bank debt by December 2018" (June qtr report- 11.92 mill USD)
"18.3 USD debt to operational creditors".
Scrape on, bare bones stuff here. Super effort required the next quarter - obvious considering it takes @ 5 mill per month to sustain the operation.

Deja Vu/Deja Vu -
Good job so far - next 4 progressive quarters crucial to moving forward not to mention the current day by day operation. Sound familiar?
The board, management etc need to ensure this operational period is handled professionally or there surely will be serious consequences for all and so close to a transition of sorts, of course they are well aware of that, likewise Investec.

Rave -
The option to expand the smarts 3 pit hopefully comes off as the saviour, the godsend, the wise decision, the mark of the ultimate professionals at the helm - go Troy management.

Go the gold Price