Maybe, nbbirch you should learn to READ the quarterly reports...

Maybe, nbbirch you should learn to READ the quarterly reports completely. Otherwise you will look very foolish!!!!

Read top of page 2.

It states in the Dec Quarterly report that operating costs were AUD$48.73 /ton loaded in Darwin.

The cash flow of AUD$34,562,000 did NOT include a shipment that was loaded and NOT paid for until 2nd Jan 10.
The shipment would have added another AUD$6 million to the bottom line. The shipment was for another 74,000 tons, so it's worth AUD$81/ton. Currently this shows us a profit of AUD$32/ton.
Since this is has already been mined and already paid for.
This is why it shows up in the costs of AUD$30,620,000.

The fact is TTY should have made a profit of $8 million for the quarter. This will show as a bonus next quarter.

If you decide to READ the Dec 09 quarterly report this is all explained to you on the top of page 1.
This seems to be a problem with a lot of shareholders, they just don't have a clue!!!!