I suggest that HC posters who say that TTY is not profitable...

I suggest that HC posters who say that TTY is not profitable learn to read and understand the report.
1) The amount received was $18,759,000 but did not include the $7.6 million that was owed on the production of 211,000 tons that was SHIPPED.
2) The costs of $19,015,000 also included costs for digging and transport for the additional 72,000 tons that was shipped early July.
Using these figures we note.
1) COSTS of production $67.19 /T
2) SALE PRICE $124.92/T
3) PROFIT $57.73 /T
TTY is very profitable for a small iron ore miner, and when they bring down the Costs to $55/ton then it will be extremely profitable.
No wonder shareholders sell their shares when they are unable to calculate and read announcements properly , and it doesn't help when those like pompie make stupid statements.