Another stunning report? still 0.10c! Just read the report...

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Bugwan64

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30/10/18

19:37

Post #: 36320723
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Originally posted by Samboy69 ↑

Another stunning result, finally there is the confirmation.

TRY is now NET SECURED DEBT FREE

its secured debt is now exceeded by its cash and bullion on hand. Must have happened late August 2018 about 6-8 weeks after my call it would happen in June 2018.

"Loan repayments of US$3 million made in early October reducing the loan balance to US$8.19 million
Cash and equivalents (gold inventories) totalled A$14.6 million at the end of the quarter"

U$8.19M - [A14.6M x 0.17=] U$10.4M = +U$2.2M

TRY has +U$2.2M current assets over current secured debt.
FCF is 1214-824 = 390 x 13417 = U$5.23M/0/.71= A$7.4M
plus "the Company had 5,219 ounces at the refinery awaiting sale"
5219 x 90 = U$2.03M = A$2.9M

2.9 + 7.4 = A$10.3M = U$7.3M free cashflow in Q1

thats U$22M +U$7.3 = U$29.3M for the last 3 Qs (9 months) = A$41.3M

annualised FCF = A$55Mpa = U$44Mpa

PE ratio 45M/55M = 0.80 PE ratio

stunning result, stunning undervaluation, amazingly low PE ratio v 13.9 industry standard

The balance sheet is now recovered fully and its building the cashflow bullet as we speak leading in to 2019. At this rate TRY will have $0 secured debt & A$41M cash at bank by 30 Sept 2019.

the cashflow bullet is building weekly, the PER is way way too low, with stable production and slashed costs on higher grades and more stunning drilling results,

TRY will FLY!

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Another stunning report? still 0.10c!

Just read the report again. Not debt free according to the numbers (happy to be shown otherwise). Debt repayment in OCTOBER. Cash balance of $A14.6 was SEPTEMBER.

U$8.19M - [A14.6M x 0.17=] U$10.4M = +U$2.2M
. What is this??

Yep 0.8 PE hey Sammy?? What an amazing calculation. Why can't the company get the market to understand this unbelievable undervaluation?

Actually! why does Troy still have debt? And creditors?

Stunning!

TRY Price at posting: 9.9¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

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