SBM went ballistic with a 5 bagger on lower grade lower number...

SBM went ballistic with a 5 bagger on lower grade lower number drills & more deeper drill results
SIR went ballistic with a Disallowed 5c to 50c in a few months on 3 drill holes (only 1 of which hit long medium grade).
RSG & SLR both went ballistic with multibagger runs after they hit grades lower than these

No doubt this is the start of the rerate.
TRY has a $100M processing plant, spent another $120M on the AZM takeover of their tenements and now the Ohio Creek tenements. The market is valuing TRY at 50% of the mill construction cost and nothing for the resources of 1Moz or the Ohio Creek resources (maybe another 1-2Moz),

TRY PER is at 1.0
FCF is A$55Mpa higher than the whole MCap.
It has net cash/bullion over secured debt of U$2.2M as at 30 Sept
It has low debt and massive high grade tenements all around
DRM is at 35c equivalence & GUY nextdoor at $1.10 equivalence.

TRY IS the most undervalued gold producer on the ASX, by far.
Only a matter of time for the market & these accumulating INSTOs to rerate this to market prices.
Todays false start pattern was a typical shorters dream chart so these INSTOs are keeping a lid on it until this seller runs out of bullets.

TRY is making cashflow bullets from the current A$14.6M to A$60M by Dec 2019 on current operations with no added ore or grades (My maths posted before).

The SBM run is starting up, it has way higher grades, lower costs and way less debt than when SBM was 10c,
These results are just the tip of the iceberg below.
TRY is the new SBM.