re: Ann: New Iron Ore Exploration Opportunity...
The only issue for TTY has been their 4 to 5 year mine life, these sorts of deals help to increase the production to 7-10 years!!!
Territory has received approval from the Aboriginal land owners to explore which has to be a good sign for them to get to drilling and mining stage as long as certain Landowner protocols are followed.
This coupled with the Purification plant being built will enable TTY to increase its resource of sale able iron ore from current levels. TTY is fast becoming an excellent small cap miner come mid cap miner in time.
TTY Price at posting:
28.0¢ Sentiment: LT Buy Disclosure: Held
