To read the whole research article you need to log into their site. Unfortunately, I don't have an account with them, but an excerpt is here:
http://www.argonaut.com/news/latest-research/1753-troy-resources-try-best-in-class.html
Latest Research
Troy Resources (TRY) - Best In Class
Created on Thursday, 04 September 2014 09:25
The recent share price deterioration accentuates Argonaut’s conviction Buy Recommendation on Troy Resources (TRY). With the appointment of Martin Purvis (ex-Gold Fields / Sakari) as Managing Director and CEO, Argonaut sees the stock re-rate heading into H2 CY14 given the high margin operation at Casposo, rapid advancement of Karouni and an undemanding market cap of $156m. Further catalysts include the definition of an underground inventory at Karouni and regional exploration results (ongoing) from Karouni and Casposo. Adding in a 2 year operation at Smarts underground to the current 3 year open pit operation resulted in a valuation increase to $1.50 (was $1.30).
- Forums
- ASX - By Stock
- TRY
- Troy Resources (TRY) - Best In Class
Troy Resources (TRY) - Best In Class
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)