TRY 0.00% 3.0¢ troy resources limited

Ann: Voluntary Suspension, page-161

  1. 2,060 Posts.
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    CR at 10% capacity was on the AGM agenda & approved by large majority, I voted against it.
    SPP was discussed and asked for by many at the AGM, again I was against it.

    FYI

    1) FCF = A$50Mpa on last 1 year results
    2) Reserves = resources 980koz reserves 2 years LOM
    Spearpoint & larken ready to mine, Tallman super high grade being expedited to mill
    3) Exploration = massive, high grade all around, stunning drill results last year,
    30-100 drills incoming in next 6 weeks, assays results every 2 weeks said Ken
    4) Shareholders = Funding for exploration, as requested at AGM
    5) Investec = friendly banker who is large holder with 13c options at $4M cash to TRY, happy to extend loans and get more interest at a low debt level, U$8M debt is net debt free
    6) Me = fortunate to be in this undervalued company & watch it multibag!

    As I said, you see a dirty window and I see a sunny day in the gold mine
    You also didnt attend the AGM, I did, I was very impressed with their plans and financial responsibility.
    Bagger Beazley isnt on this BOD for nothing!
 
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