TI1 0.00% 1.4¢ tombador iron limited

Yeah you are absolutely right that's why I'm not being too...

  1. 292 Posts.
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    Yeah you are absolutely right that's why I'm not being too greedy. Trucking cost is my main concern, TI1 did say in one of their presentation that the trucking cost is easily offsetted by the margin they get for 65 Fe grade to 62fe. We know they didn't sell the product at low or negative profit. Hopefully we see the cash in hand double from last report. Don't forget labour cost is much cheaper also in Brazil and the brazil real has been going lower while the USD is pretty strong.
 
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