TRY 0.00% 3.0¢ troy resources limited

Good news. The key Justis is now going to be exploration success...

  1. 1,273 Posts.
    Good news.

    The key Justis is now going to be exploration success to extend the LOM.

    TRY have opted to delay further clarification of the Smarts underground ounces. The result being that the market no longer acknowledges these even exist and have therefore valued them as zero.

    TRY obviously has confidence they will find new ounces to add to the LOM because they have spent capital to put the new mine and all the infrastructure in place.

    Reminds me of a similar situation with RMS when they were around 4c before discovering new ounces....
 
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