Good production self financingTRX key points are that they are producing gold and financing exploration and production without having to raise more money. With Gold prices being up at the end of April and May we can hope that revenue comes in stronger such that a second mill will not put them in a negative.
My previous post had a look at the relationship between OCIM which will take a bite out of production but hopefully production will grow soon and the relationship with OCIM will end soon.
As inflation is said to be easing, which has central banks steady on interest rates TRX can see a bit of relief on any interest they have to pay.
Lets hope the second 1000+ tpd mill gets going soon.