A better than expected qtr report, IMO.
I really wasn't expecting TRY to be cashflow positive already, whilst they were treating low grade stockpiles in Brazil. But they are.
Also really exciting is that Troy is negotiating to sell their Brazilian iron ore project. (You know that forgotten project that has never been accorded any value...? Well, it may be sold for REAL money!)
The next quarter shapes up as an exciting one for TRY, as they start to process the high-grade underground ore, progress their iron ore project, and settle on and start building the recent Casposo mine.
Can't wait. Roll forward the calendar. : )
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- cash up, cost per oz down. all good
A better than expected qtr report, IMO.I really wasn't expecting...
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