They have Investec & their $4M cash boosting options at 13c (to...

They have Investec & their $4M cash boosting options at 13c (to be ex sooner rather than later)
They have Ruffer (very happy, yet took CR at 36c in 2016!)
They have the 10% placement approved at the AGM
They had at Q1 A$14.6M cash & bullion plus the $5M gold at the refinery as stated.
They have only U$8.19M secured debt left
They had 100kT stockpile (2-3 months of ore)
They are mining Hicks again rather than smarts 3
They now have super high grade OC & drilling galore.

Now they have legend Richard Beazley on the Board!
He has come on as this will take off like the other 2 he was involved with that were small caps now large caps ie SBM SFR with 20-50 bagger runs.

Next year they will have A$50M cash by October at this rate with no secured debt & trade creditors under $5M with Investec a key large holder begging to give them more loans & Ruffer begging for cheap shares.

You sound like Chairman Stern, cautious at the AGM, but also very excited & he doesnt have to reconsider TRYs solvency any more for over 12 months now
but we can all see the wood from the trees for ourselves.

Surely you are overly conservative and thinking of Dec 2017, not now?
4 great quarters in a row and now OC comes along!
I am bullish.