more drill results being assayed as we speak.
At least 11 holes in assay lab.
Results were supposed to be out at the AGM.
These results are infill targets between these mother lodes of super high grade gold deposits.
By 30 March, there will be a strong balance sheet and cash at bank with no secured debt, only unsecured trade creditors of around $9M (very low) with cash at bank of U$13M on my estimates.
DRM PRU GUY have TC of $20M-$40M for example.
By then OH S L will all be near production and road built to OC and they will be feeding the mill with hgigher grade ores. Stockpiles can be depleted to boost cashflows to fund this.
Ruffer & Investec (13c options) will likely take more shares.
By then they will have released another 120 drill hole assay results proving a massive deposit 500koz+ at Tallman. By then gold price will be way higher also.
TRY will be GREAT AGAIN!
- Forums
- ASX - By Stock
- TRY AGM Monday
more drill results being assayed as we speak. At least 11 holes...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TRY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CC9
CHARIOT CORPORATION LTD
Shanthar Pathmanathan, MD
Shanthar Pathmanathan
MD
Previous Video
Next Video
SPONSORED BY The Market Online