Some nice exploration results in recent months, especially...

Some nice exploration results in recent months, especially today.

Looking at their last quarterly, the production for the September quarter and the annual report, its clear that cash in now very low especially when you consider their loan facility.

They will need funds for the decline and perhaps other capex.

I can feel a CR for $10-20m coming on.

I am tempted to buy some shares, but perhaps its best to wait for the CR that should be announced shortly, IMO, probably before the September quarterly is released.

Best of luck to all you long term TRY sufferers.

loki