TRY 0.00% 3.0¢ troy resources limited

Troy, the next success story, page-59

  1. 1,538 Posts.
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    Troy should be able to achieve 240k tonnes in dry weather. Should be very very easy for them. In the past 3 quarters they achieved ca. 200k tonnes per quarter. Ore.
    The slippage has a negative impact on tonnage. First of all trucks needed for cleanup instead of moving ore/waste from the mine plan. Then no access to Smarts 3 which affect strip ratio and grade of ore.
    We can assume Oct + Nov to be good months with December absolute catastrophe. We can assume January first half still catastrophe and mid January to mid February somewhat affected production. So Troy should have had 10-25% more time and overall drier conditions to work at better strip ratio and better grades (maximum 3.4 g/t vs 2.2 g/t).
    Also note how the December quarter was still better than September and June production wise. Still, the quarter should not be that great, I expect something like 18k ounces.
 
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