Try had it's eye on OC from an early stage, it is turning out that acquiring it when they did has probably saved try. LOM was getting very short and while they had some smaller deposits and other good prospects to explore, time and money was running out.
I'm thinking the previous owners of OC knew there was potential, evident by the scale of the tallman pit but where not in a position to work out how much potential, mine and process the ore.
The rumours of OC being multi million ounce deposit, is just that but given the rumours multi million ounce deposit on the Guyana shield suggests it possible and if not at OC then possibly else where.
For now even if OC is only 500k au oz deposit, try will soon be debt free and there would be a fair amount of free cash flow especially at the current POG. Any one care to do the maths, say AISC at $900, POG $1300 = $400 profit per oz. Now that $400 per oz X 500k oz au...............................
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