TRY 0.00% 3.0¢ troy resources limited

I agree 100% with kojak. The only thing misleading is someone...

  1. 2,060 Posts.
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    I agree 100% with kojak.
    The only thing misleading is someone who ignores produced results & factual figures to justify their own downramping. Sure the market is holding this down right now but not for much longer.

    Q3, net cashflow = U$14.2M FACT
    Q4 net cashflow = U$7.8M FACT
    Q1 net cashflow = U$7.3M FACT
    Q1 30 Sept cash/bullion at bank = A$14.6M FACT
    Current secured debt = U$8.19M FACT (going to U$4.19M by 1 Jan) FACT
    TRY net cash/bullion over secured debt = U$2.2M as at 30 Sept = FACT
    U$4M of inventory at the refinery due for payment last few weeks = FACT

    They have the cash and bullion right now to pay off the whole secured debt.
    The FCF is building at A$55M pa my estimates based on the above prior 9 months of net cashflows
    This exceeds the current market cap of A$45M = FACT

    10 months free cashflow is the same as the total current market cap = FACT
    TRY is substantially undervalued = FACT

    Stick to the FACTS and then its not misleading.

    TRY WILL FLY = ramping conjecture based on FACT!
 
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