LOL does anyone read every word in the prospectus ?
I don't know if it was stated in the prospectus in some shape or form but such is the speculative nature of this I presumed there was a possibility that I would lose my money completely. But I do feel the odds of a complete lose is lot better than buying a lotto ticket or 50/50
As speculative as it is, try is not just an exploration company with nothing but tenements and hopes that drill will eventually prove up enough reserves to justify raising $100m plus to develop a mine.
Makes all the difference that try has a fully operational processing plant in place, proven reserves in the Smarts underground for 2 years of production and a PEF that shows it is viable.
IMO the majority of the risks involves proving up reserves to feed the mill beyond the 2 years, I am reasonably confident another 2 years of reserves can be proved up but beyond that I can only hope
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