Even 500k oz is a us$1B revenue. 1Moz is a us$2B revenue TRY is now a $94M MC. big difference. Omai was a deep open pit of 5Moz 35km east in same shear zone as Smarts, Karouni
investors & INSTO analysts & team leaders will have to consider the % chance of the size of this new world class high grade resource, likelihood of its production & increased reserves & capex cost.
if that chance is a fraction of a chance of increasing from current resources of 270koz to 1Moz, or even a mere 10% of Aurora mine of GUY.tsx or even 5% of Omai then that is a game changer already.
either way the chance of TRY LOM increasing has rerated.
TRY Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held