Every why hath a wherefore

Troy Resources (TRY.to) (TRY.ax)

Troy Resources (TRY.to) (TRY.ax), the Australia small gold miner we’ve followed pretty closely here at IKN over the moons, reported its fourth quarter production numbers today (its financial year ends June 30th). This morning your humble scribe has been happily updating the spreadsheets on TRY and fiddling with the model, but for the time being here’s how gold production stacks up against the other quarters:
And this one shows how cash costs for those ounces have evolved, in AUS$ and U$ terms:

We’ll be going into the more interesting details and making a stab at forecasting earnings in The IKN Weekly issue 65, out this Sunday.

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