TTY territory resources limited

claification needed, page-4

  1. 95 Posts.
    The 7.2m relates to payment for the last shipment which is about 70K tonnes.
    The financial results you see if slightly distorted by the fact that Labour has been paid upto now, which means that initial labour costs for stripping the land with very little production would also be costing the company.

    What would be key to get is the on-going cost of producing vs. the price achieved. The cashflow statement does reflect this clearly.

    We need to wait for the annual report and look at the proforma adjusted EBITDA.
 
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