GREY:TRYRF - Post by User
Post by
presto10on Feb 06, 2009 11:05pm
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Post# 15760366
ATW's nos.
ATW's nos.I see that ATW's financials at Nov 30 were released - $6 million cash and $5 million w/cap. They still owe what, $10 million or so for Guwella. As I said before ATW will be raising cash, you can take that to the bank. At a $49 million market cap and I don't know when it commences production. TRY will be producing 30,000 at Sandstone this year and Andorinhas has been in production for a year already...and will in February be announcing commercial production as it hits the high grade underground zones. Andorinhas will provide, what, 40,000 oz??? this year and 50,000 oz on an annual 'commercial' basis. They own 100% and No royalties as I recall. With C$50m in the bank and millions of tonnes of iron ore .... a mill sitting in storage in Australia - and a market cap of under $70 million, and 8 year dividend record.... which is the better value and buy? If Benson can't figure it out, to get us some oomph in this market, then maybe he isn't the right guy.