Not much point drilling at the same deposit is there, except for production scheduling. No point wasting money. Why pay geo's and exploration managers when you don't have any exploration to do.
BUT, there is still 4 years of production reserves proven. You'd better learn to read reports if you wish to criticize.
Total tons 8,585,424 at average Fe 59.2%.
TTY is making a good profit at current prices, no debt within 2-3 months, then it's $20 million profit every quarter going forward.
So when the IO resource runs out they will have $300 million in the bank, and with the backing of the Noble Group they'll go shopping. If not before.
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