TRY 1.41% 7.2¢ troy resources limited

the waiting game, page-13

  1. 114 Posts.
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    Checking the Half Year Report I note that Troy's next financial hurdle is to pay Investec $ 7.41 million on Sunday or perhaps save the payment till April Fool's Day on Monday of next week. Hopefully they have the cash in the till to satisfy that debt. Luckily they have been receiving full value for their gold production and that will certainly help.
    I feel it might be somewhat premature to declare seven years of production from the latest drill results from Ohio Creek.
    The company will need to spend a lot of cash to prove up sustainable resources from these prospective ore reserves.
    However who knows we might be looking at 20 years of mining if it is a really large deposit.
    Unfortunately I feel sure I will not be around to see that achievement completed. SHUCKS GLTA HAVE A GREAT APRIL FOOLS DAY !!!!!
 
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Currently unlisted public company.

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