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3.0¢ troy resources limited

I believe it will take alot of drilling before we can get to a...

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ChristopherC

4,760 Posts.

510

20/09/19

00:29

Post #: 40487527
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Originally posted by Justis ↑

I'm not expecting gold production to be all that much better, think they have only recently started to get some higher grade smarts 3 pit ore out but ASIC should be lower with the that cut back complete.

Should be a different story next quarter with more Smarts 3 ore, and some from OC test pit.

It's looking like TRY have got past the difficult position there where in, now showing much improved financial position and soon to increase LOM.

IMO the shorter term risk is much removed and the real test is to see Kurouni become a multi million oz mine with a good 10 plus years LOM

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I believe it will take alot of drilling before we can get to a 10 year lom. I would be happy to see 5 years mapped out , sometime in the next year or so as this could be achievable.

Christopher

TRY Price at posting: 11.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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