TRY 0.00% 3.0¢ troy resources limited

Ann: June 21 Quarter Production Update, page-21

  1. 3,200 Posts.
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    I truely believe the TRY thread has so much to offer investors.
    I hope many use it to understand how easy it can be to want to believe the best in what management tell you.
    TRY management have made many ann's that IMO lack meaningful details and nearly always were worse than indicated.
    Certain investor types like to think the best of the missing detail.......some even spin it to look better than it appears.
    Reality is you have a few uprampers on here,( that's not unnormal) which have continued to talk up the prospects of the company while the SP has been absolutely smashed because of the actual performance of the company.
    THE COMPANY DOES NOT HAVE A PERMIT TO GO UNDERGROUND.........quite possibly as in Goldfields experience it could take years to get all regulatory approvals to go UG.
    Remember goldfields started the approvals process in late 2018 and still don't have all the approvals required.
    I suspect investors can expect more of the same from management...........more promising ann's just to keep investors on the hook.
 
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Currently unlisted public company.

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