The $1.2M as you know is a farm in discount giving TRY a 49% revenue stream from the ore and no drill expense.
if you read the ann you would know this.
what was surprising is TRY only wanted $1.2M from Barrick worth $100B and not $10M so revenue & cash at bank must be good and loan must be coming for UG crossover if needed at all.
More importantly Barrick want TRY tenements & shares, a BIG vote of confidence.
Rampcap or Zijin as holders directors would be a disaster.
Ken a genius pulls rabbit from hats always.
When the UG JORC & mine plan & loan are announced fully funding the UG works, this hopefully may FLY back to prior tops of 18c again.
Ken de man, TRY will FLY.
The $1.2M as you know is a farm in discount giving TRY a 49%...
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