TRY would be very foolish to pay a dividend in the current market conditions and in the light of their loan and funding requirements for Guyana.
They need to get the new project up and profitable ASAP in case TRY's current operation becomes more of a silver mine rather than a gold mine and be even more heavily impacted by the low POS.
Notice how TRY's share price has not bounced. I think there is some market concern about the profitability of its operations and need for cash. This transition period is its most difficult and they need to conserve cash or there could be a capital raising at some time.
loki
TRY Price at posting:
$1.50 Sentiment: Hold Disclosure: Not Held
