TRY 0.00% 3.0¢ troy resources limited

rbs top five 100+ ounce producers

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    RBS has issued a report this morning called "the 100+ ounce club" ... based on a number of criteria including potential for 1) takeover 2) production increases to 200K oz/ann 3) cash costs 4) mine life, they came up with 5 top picks of which TRY is one:

    "- 3rd cheapest cash costs in our gold universe - $496/oz vs Avg $775/oz
    - Becomes a 100koz pa producer in FY12.
    - Casposo project now performing - cheap production cost of $232/oz
    - Huge exploration upside in South America
    - At an inflection point in growth - low cost, high margin mining. FY12 will be the turnaround year for TRY."

 
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