G'Day All
agree with most of below - however remember about half of TRY's 17/18 production is hedged at US$1180.
Based on last powerpoint, My basic analysis until end of CY 2018 is below: Yes I am certain many people will find flaws.... & yes this is not investment advice....
Summary -
If all goes well, the 17/18 FY income is =US$9.14M or US 2.0 cents per share so say US1.4 cents per share after tax. or AUD 1.9 cents
First half 18/19 = US$5.69M - 1.2c per share so (if all goes well) say 2.4c for full FY 18/19 (20% more) = AUD 2.2 cents
I assume as with all TRY investors I HOLD & await the Dec 2017 quarterly production report in late Jan 2018.
Happy 2018
Cheers
Column 1
Column 2
Column 3
Column 4
Column 5
Column 6
Column 7
Column 8
Column 9
Column 10
Column 11
0
POG
1300
1
Qrtr
fc prod
AISC
Hed Oz
Hed Prc
Hed Inc
AM Inc
Total
Loan
Inc after loan
2
30-Sep-17
13
1050
13
1180
1.69
0.00
1.69
-1
0.69
3
31-Dec-17
15.6
850
13
1180
4.29
1.17
5.46
-3
2.46
4
31-Mar-18
15.1
800
5
1180
1.90
5.05
6.95
-4
2.95
5
30-Jun-18
15.6
750
4.5
1180
1.94
6.11
8.04
-5
3.04
6
59.3
35.5
22.14
-13
9.14
7
SOI
456
0.020
EPS (pre tax)
8
9
30-Sep-18
15.1
750
0.00
8.31
8.31
-6
2.31
10
31-Dec-18
15.6
750
0.00
8.58
8.58
-5.192
3.39
11
30.7
16.89
-11.19
5.69
12
SOI
456
0.012
EPS (pre tax)
TRY Price at posting:
9.5¢ Sentiment: Hold Disclosure: Held