TTY territory resources limited

tty meets it production targets

  1. DSD
    15,977 Posts.
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    Overalla good report from TTY. The devastation caused by prev CEO MK has now been accounted for. The IO mine is meeting all its production targets and has very high grade. i would have liked to have seen more than 5m tons in projected resource increase. Am hoping Francis Creek will yield another 15m tons.
    TTY achieved all its production targets in 2H08 and first 2 months of 2009 (according to posts on HC) despite the extremely heavy rainfall at mine. Very pleasing to see. 2m tons/annum not far off. hedging ends in August 09. positives outweigh negatives IMO. And reputed t be cloase to selling MON for 13million!!
 
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