$35+mill trade creditor spliff when viewing the Troy credentials is enough to spoil the shiny shaft of any unwary or sensible investor alike no doubting abouting.
Evidenced via the Shafted one whom is likely still heading in the opposite direction of Troy Resources, @ light speed, as the disclosed financial positioning(or resulting market reaction) and the Shafted one collided & obviously resulted in such effect.
New discovery in the Gold space, not to dissimilar to the magnitude of O.C, being of a speed even speedier than the universal speed of light -
Troy Speed.
Troy Speed
The magnitude or order of velocity equivalent (typically that of which an unsuspecting investor faces) to the phased induction force squared by the reality multiplier, where reality is a variable function not always consistent with base or subject reality - hmm...yerrrs...
So there we have it, not a total waste of time is it?
The Investec biz can be deferred as per program but aligns perfectly with the no confidence when regarding managements ability to achieve or accomplish required objectives in order to stay afloat or sustain buoyancy.
Pay cuts - gotta be raised, they're off the entrenched charts.
Specifically sighting the previous round of deferrals where it seemed a reasonably moderate % chance of meeting the required debt repayment to Investec.
NOT- take em out to 28 odd million units for 13 cents convertible @ September, and the wee glimmer of hope instilled in the potential at that time leads me to withdraw the glimmer of the similar potential this time round and replace it with a
NO CHANCE - I conclude that based on what has been displayed to date, they will defer and Investec will gain greater share via greater units, reduced option price, both or even greater share.
Is of no real bBIGg deal the half yearly report but the dog balls are still hanging there and with slims insatiable appetite for shady deals, there's gotta be another just around the corner.
Anyway
Gold speed
TRY Price at posting:
10.0¢ Sentiment: None Disclosure: Held
