The main concern in paying back the debt is the lack of reserves. The resource may be almost 10mill tonnes, but the reserve is not even 3mill. Maybe there is more, maybe there isnt, but banks will only care about proven. I hope TTY can get out of this MK mess, and the new MD looks like he is taking the correct steps to do so. I just think it might be a little too late. He should of been there once MK dissapeared. All IMO though
TTY Price at posting:
22.5¢ Sentiment: ST Sell Disclosure: Held