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nabinpaudel

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28/04/16

09:41

Post #: 17616740
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Goldbe

Originally posted by goldbear77 ↑

@10t10

divs are a function of free casfhlow - and the credits a function of prev expenditure and tax treatments

if TRY just hits guidance and usd gold is between 1150 and 1300 then no. id say theyd need to get through to mid 2017 before a div

but if margin is much higher then possibly in final quarter post paying off debt.  Thyell wnat a cash buffer, $20m for more drilling and a few other budget components before passing money back to shareholders

IMO while div would be great what would be best for stock is - assuming a revised mine plan supported it - slight expansion of current milling capacity to lift output toward 200kozpa.   but premature to think that will occur until we see revised JORC

TRY's one serious disadvantage in a rising gold envirnment is a lack of ounces.   if it could add an incremental output expansion through low cost mill optimisation capex - the stock would have every box ticked - strong margin, 'tight' mgt of capital reputation and growth.

thats the milkshake brings all the boys to the yard

btw - all this assumes that TRY doesnt want to become a multi mine miner again.  People who prob know mgt better than I (dont know them at all) seem to think they will just stick to current knitting.

if they want to do deals then all the above is moot.  theyll want to retaun cash to buy licences,

the ability to get 100% ground in Guyana does suggest it could be a very good place to pick up more exploration ground

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Hi  Goldbear77,

I was a Ex holder of PRU, unfortunately bailed out in last dip with massive loss
seeing PRU back to 60 cents, kicking myself for not holding it, I think PRU's ASIC is still around USD $1200, I am looking to enter into GOLD stock again, but not sure which one is best,
in your opinion is TRY is better than PRU or other stocks, thanks

TRY Price at posting: 61.5¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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its beginning to look a lot like..., page-91

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