With spot iron ore prices ex Australia at $140 FOB plus, what...

With spot iron ore prices ex Australia at $140 FOB plus, what prices are TTY achieving?

Late last year the market was advised of a deal with Noble for a number of shipments struck at $75 Mt.

As shareholders at the smaller end of the register, we can only hope current prices being achieved are well North of the figure previously advised.

Additionally, what proportion of earnings is being devoted to expanding the iron ore reserve base rather than invested in MK, Noble and OMH related entities?

Whilst the logic of diversifying into manganese, gold, zircon etc has some compelling elements, the strong pricing environment in iron ore for the foreseable future is arguably more compelling and thus supportive of an expanded drilling effort to significantly expand the reserve base.