bears were talking of CR for a year and never happened. And now...

bears were talking of CR for a year and never happened.
And now we know its not needed at all as I correctly called 12 months ago.

A few months back liquidity was the bear talk on here
I gave several reasons why this also was incorrect, including the capacity to extend the Investec loan to a longer duration and reduce costs, exactly what they did!

Now we see cash position way way stronger than anyone estimated other than me and kojak.
My maths show A$10.3M FCF in Q1 and kojak worked out A$9.5M
For Q2 kojak is calling for A$6M but I think it will be A$9M

I called TRY would have a net secured debt free position in June 2018 so was 8 weeks early.
Its happened in late August looks like and now sits at +$2.2M over secured debt

And the lowering AISC and increasing FCF build i also called correctly.
And this is now accelerating as debt and loan interest reduce boosting margins and FCF

The bears last plank is low LOM, but on this point I also gave many reasons why its not, as currently they have enough ore for 2 years and if we add in the spearpoint/larken near mill deposits plus Tallman/Ohio creek plus the smarts 3 continued extensions (supposedly were to run out by June 2018! LOL) , then,
LOM is looking way more than the figures show.

No one selling, only 1 bidder and offeree on the match, closing VWAP on match is at 10.5c
TRY is way too cheap.