I remember when SBM found high grade gold near mine & mill at Gwalia & called a CR around 10-20c.
it reopened & flew to 50c going on over 2 years to $4 ps back then it was a heavily shorted & criticised stock t h at had fallen from $2 to 10c. Once market knew it had funds to immediately start high grade mass production & debt was under control, it ran hard & high.
with TRY if the market realises it has funds to start "world class spectacular" high grade UG production asap with no net debt then it has to rate the chances of forward earnings at 120kozpa at higher margins with ebitda of $90Mpa at a PER of higher than 3.0 currently at a higher probability than 0% as it does right now.
can TRY repeat this pattern & does the market believe?
