quarterly out now cashflow positive, page-2

Interesting.... I was thinking the same thing....

This is a quote from Michael Kiernen....

We have made it public knowledge that our vision is to
grow Territory Resources to an approximately 10Mt per
year iron ore producer, about 1Mt–2Mt manganese
producer and about 250Kt–500Kt chromite producer. We
also intend to be involved in mineral sands, particularly
zircon. Hence, our strategy to increase shareholder value
is to acquire and develop projects in order to increase
earnings per share.

Kiernen already has a share in MAL.