TTY territory resources limited

Bluescum you are on the money IMO.The debt is not the issue many...

  1. 1,243 Posts.
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    Bluescum you are on the money IMO.

    The debt is not the issue many would have us believe, as the profitability in the exported product will service the debt. The money repaid to tty will go directly to reducing the debt and if we have a capital [email protected] then an additional 100 million shares will reap $45 million to paying the debt.

    The ore reserve will be and will continue to be an issue until they can extend mine life to over 10 years which I am still of the belief that they can find that sort of reserve as long and they blend correctly with the product there now!!

    They have finally got the board who want to do the right thing, they are in the process of recovering some of the monies that have been written off and once trading commences again let us not here of the past again, if we all look forward this will be more positive than complaining about the what ifs.

    Cheers
 
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