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0.00% 3.0¢ troy resources limited

Ann: Karouni Gold Project Update, page-108

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  1. Bugwan64
    787 Posts.
    lightbulb Created with Sketch. 139
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    07/06/21
    21:35
    Post #: 53701557
    I agree.

    There are not too many debt laden juniors/explorers.

    Most have cash for exploration and pay their debts as they arise because they don't get terms.

    Troy is now an explorer with a $10m gold loan and $25m in trade creditors. Cash about $9m at last quarter.

    If the news from smarts underground is delayed or below expectations I think Troy will be cooked!

    GLTA
    TRY Price at posting: 4.3¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch. 2  Great analysis
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