TTY territory resources limited
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  1. bluescum
    132 Posts.
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    18/08/09
    19:47
    Post #: 5523978
    If CBA are the problem they will probably be waiting IMO for IO prices to be settled so they know how long it will take to repay.

    FMG have gone and settled at about US $55 per tonne. TTY are achieving AUS $46 approx which is about US $40 per tonne. If it ends up at these prices TTY will make about 35 million p.a. clear profit on 2.2 million tonnes.

    I dont believe there will be any issue re the finance its just the IO price negotiations IMO.
    TTY Price at posting: 22.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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