TRY 0.00% 3.0¢ troy resources limited

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  1. 792 Posts.
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    Hi Sam

    Couple of things.

    I am sure the processing plant will be working full time.

    -Stockpiles or mined ore doesn't matter. Grade does.
    -$A3.9m in bullion on hand & $A1.3m cash. Not $US.
    -Investec will probably want payout with the short LOM.
    -US895 looks likely to be the likely AISC going forward. Q3 had "cost credit". So margins are getting tight with gold at $US1181.00
    -Creditors will want payment just like Investec. They have bills to pay too.
    -FCF will depend largely on the gold price.

    I hope no CR but on the surface trading is tight. They have done a great job over the past 9-12 months but exploration results are the key! Hope it is the mining hub you are looking for.
 
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