TRY 0.00% 3.0¢ troy resources limited

The immediate problem is not so much the current situation, a...

  1. 1,538 Posts.
    lightbulb Created with Sketch. 1134
    The immediate problem is not so much the current situation, a relatively slow outflow of cash.The problem is that restarting means there is a huge need of capital for 6-7 weeks.Troy may have 4 or 5m leeway. Starting full scale production could mean expenses of 9m for 6 weeks until cash from production is realized. So there is a capital need of 5m for average duration of 3 weeks...Restarting on a small scale could possibly avoid that.
 
watchlist Created with Sketch. Add TRY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.