Haven't heard from you for awhile manila. Seems that your post on brokers comments is singing the same tune as I've been trying to tell for weeks with the increases of IO spot prices.
QUOTE
"TTY will be looking very good with this new short-term contracts system. Profit per ton should be close to US$60, and on 2.2 million tons pa. will mean US$146 million pa PROFIT."
We need some more pressure on TTY management to get the word out. They seem reluctant to make announcements, maybe because they hold so few shares themselves.
The spot price has moved such that TTY is making a killing and nobody seems to realise.
We need a few shareholders to tell them that they are not complying with their continuous disclosure obligations.
The information maybe out in the market place but it is up to the TTY board to confirm the current situation.
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