hahaha
what volume?
You mean that 68k at 9.3c worth a paltry $6,300
There are no real sellers, its either a fed up grandma who cant wait for the pension this week or its pure manipulation by an INSTO. This has been going on for months now.
Just wait until we see more record cashflows and record monthly production at record low AISC yet again.
1320 - 1017 = +U303 per oz on my maths
x 18500 oz this Q3 = +U$5.6M = A$7.2M profit/free cashflow this quarter
Now assuming their costs drop further as i called before to 960 = an extra +U$1.05M = +A$1.34M
We may see free cashflow of A$7M - $8.5M by 30 March
Thats an annual PER 2018 CY of 43/34 = 1.26
Most goldies PER is 13.9 a Disallowed difference
Market doesnt believe it, YET...
TRY is the cheapest goldie in Australia at this rate of cashflow and production.
TRY Price at posting:
9.2¢ Sentiment: Buy Disclosure: Held