re: Ann: Quarterly Activities Report and Cash...
ROM is "run of mine ore" straight from the pit without any beneficating. There is no information re: size of the ROM PAD, so shareholders can only guess. They treat us all as IDIOTS !!! Pity none of these twits running Territory Resources have any substantial shareholding in TTY, otherwise they might just TRY to give more info in the announcements, so that we'd know what to expect in the next quarter. It's almost as though they wish that the IO price was STILL at $50/ton and they were still losing money.
They have managed to stuff UP this last quarter, can they do the same next quarter. I'm sure the directors will want us to vote them a payrise shortly. I suggest we all VOTE NO until shareholders start to see some substantial returns.
At 21- 24 cents/share, I guess TTY is still a BUY, because these dimwits will make a dollar one day.
At US$130/ton FOB Darwin, even a halfwit can make money. So I guess there is some hope.
TTY Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held