why try?, page-4

About to go underground to higher grade Ore....11 g/t as opposed to 5g/t open pit.
Previous mines averaged under $210 USD costs, hoping for $300 USD but even close will be very profitable at current prices....($500+ AUD per ounce x 50k = 25M cashflow/profit before tax.)
Iron Ore has potential to add similar $20M.
Don't forget TRY is a "dividend paying" producer....how many 60M M/Cap gold companies pay a dividend??



- "Production ramping up in Brazil to 50,000 oz/pa at an estimated life of mine cost of US$300 an oz (note: current quarter cost was US$660)"