TTY territory resources limited

Spot on. Management have proved they can successfully operate a...

  1. 21 Posts.
    Spot on. Management have proved they can successfully operate a mine and this must have been a big factor in keeping Noble support. Biggest issue now is limited reserves at Francis Creek. (Pity cause it is great quality)However it is also worth noting that a few weeks ago Noble raised another $bill from the Chinese to invest in commodities and they are already big players in the steel industry. TTY Chairman said last year they wanted to make other aquisitions. Not beyond the realms of possibilities this could be part of a much bigger plan.

    Early days yet, but in 12 months time, this could prove to be one of the turnaround stories of the year.
 
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