TRY 0.00% 3.0¢ troy resources limited

Market hasnt realised the FCF consequences of the Tallman super...

  1. 2,060 Posts.
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    Market hasnt realised the FCF consequences of the Tallman super high grade discovery yet.

    Kojak & I posted the maths on this a few times.
    At the same mill throughput using Tallman ore of 500k oz in 1 year (or even blending with other current ore), this could triple revenues from $100Mpa to $300Mpa and triple FCF from A$48Mpa to A$150Mpa or even 600% more if they are aggressive and mine the whole 500oz in 1 year and dont blend any.

    The TRY BOD should fast track the start of Tallman mine ore delivery to Karouni mill for next year.
    Its a 3-6 bagger increase in revenues and FCF and if fast tracked into 2019, as looks the plan, it could be incoming next calender year.

    Remember TRY MC is a paltry $55M right now
    TRY is even now making its entire MC in FCF annually.
    This means the market currently values TRY at its net cashflow for 1 year only & nothing for Tallman or the extra LOM and noithing for the other mines/deposits or the resources and plant value. Amazing.

    Even without Tallman it has 2 year LOM and these current FCFs so its undervalued by a 3 bagger right now and with Tallman we get to the 5-Disallowed undervaluation that kojak has mentioned on here.

    The TRY cashflow bullet is getting bigger.
    TRY is the new ELDORADO!
 
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