Overall a much better performance by TRY this quarter with greater production and lower cost.
But why did TRY not fly as expected.
I suspect it is because of the debt issue. While debt is being repaid, there is not much in it for shareholders. (That will progressively change as more debt is retired)
There is a credibility problem. Once you damage your name , you do not get it back the next day. You have to prove yourself again & that can take time.
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- Ann: December 2017 Quarterly Activities Report
Ann: December 2017 Quarterly Activities Report, page-15
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