TRY 1.41% 7.2¢ troy resources limited

Ann: Half Year Accounts to 31 December 2018, page-50

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  1. 114 Posts.
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    This morning I was amusing myself whilst it was raining for the first time in about three weeks. The vegies look spent but they are too expensive even at Aldi.
    Now to the important business of our mate Troy. I decided to look at an explorer with gold in the ground, no mine, no processing plant  and no income. Hell it is valued at $76 million and TRY is down in the 40's. To enlighten one and all I was looking at BRB which is certainly onto a good patch of dirt and lake environment where they have been allocated a further lease on Lake Roe. Surely there must be a discrepancy here.
    Are we being undersold or am I missing something? Are we worth more?  What does the board need to do to lift the company's valuation?
    The 8th March is fast approaching.
 
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Currently unlisted public company.

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