TRY 1.41% 7.2¢ troy resources limited

Ann: Extension to SPP CLosing Date, page-15

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  1. 7,303 Posts.
    lightbulb Created with Sketch. 664
    Kojak, quick question.
    What do you estimate TRYs reserves to be as of June 30?
    They are projecting 62k production for the FY19.
    Reserves were 120k as of June 30 2018 I believe?
    It has all been discussed before I am sure, but... try are on the clock.
    Reserves are no easy think to prove up, its takes time and money.
    They have approx 15 months before, they literally run out of ore, stockpiled or otherwise.
    They won't be able to U/G in that time, so it has to be from O/P.

    Anyway, I continue to watch and see what TRY can achieve. No doubt they have cleaned up their act production wise, but it would seem to me that the next issue, just as big, is reserves. 
 
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