From what I have read there is alot drilling going on around frances creek area. There are also drill results yet to be published, according to report because of backlog at labs. The next few months will tell the tale of how much more Fe there is. The plan of ramping up to 3mtpa by years end was stated by MK. As they have only 10mt reported in the ground the mine life would only be a few years, so you would think IMO that there is alot more there. MK also stated a while ago now that he didn't want to do underground mining because it is too expensive. I am also concerned that he is propping up his other ventures using TTY to underwrite them. I suppose just sit and wait for the next few months and see what the upgrades really are. This is what will boost SP. I wouldn't be unhappy if he went after WVL but the others should be left alone.
TTY Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
