Other thing that stand out for me is the high grade, out of 22 drill holes, drilled at some what random method (yes they knew they should get some thing) we get high grade hits over a number of meters.
Not often you see drill results with 16m @ 10.07g/t including 5m @ 22.84g/t, 9m @ 40.52g/t including 6m @ 60.1g/t, these days getting hits around 6g/t provides reason for optimism.
yeah samboy is an excitable chap but he makes a good point in that try has built a production plant and it's close to being paid off. Once that happens all revenue after AISC is money in the bank and try has a lot of losses to carry forward before tax needs to be paid.
So with a production mill in place, even smaller deposits can be exploited that you would not otherwise bother with. That at worse provide money to explore for that major deposit, Ohio Creek may be one but I don't think it's unrealistic to think there are others
- Forums
- ASX - By Stock
- TRY
- Breakout Gap Running
Breakout Gap Running, page-32
-
- There are more pages in this discussion • 198 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)