TRY 0.00% 3.0¢ troy resources limited

Ann: Non-Renounceable Pro-Rata Entitlement Issuer Prospectus, page-35

  1. 60,248 Posts.
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    Each to their own
    I'm not trying to convince anyone to invest in try, I am just writing why I am taking up the rights issue

    I have noted it's highly speculative just as it says in the prospectus, if try didn't have a fully operational mill in place it would be even more speculative and I would not bother.

    Without the fully operational mill it would be years before if ever for try could prove up enough reserves to justify building a mill and then need $100m plus to build it.

    As it is try could be producing gold within a year with a capital cost of just $7m or so

 
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