TTY are looking to produce 1.5million tonnes in the next 12 mths at a margin of $20 per tonne. $20 per tonne is a conservative figure. TTY are looking to ramp up production to 3 mil tonnes annually in 12 mths time.
Exploration will be successful and can't see why they won't be ramping up production even more over the longer term!
Regards
TFE
territory iron limited
earnings of company, page-3
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