Ann: Quarterly Activities Report, page-9

Hey JID, interesting point about TRY. They have been banging on about looking for the next project, just perhaps CAS has it... but I do wonder if the plant is big enough to treat the relatively low grade ore in commercial quantities? Also, TRY needs to be careful they don't overextend themselves, they have a heap of debt to balance to deal with, especially if they are looking to spend even more capex on a new project (or purchase).

As for CAS falling over, the US $5 million in debt does weigh heavily on them.

I cannot see why TRY would rush in with CAS. Maybe after they get Karouni up and running properly.