What are holders' expectations for this qtr's cashflow report?
I am expecting TRY to be either mildly cashflow positive, or steady, as it has been in the previous quarter. (Casposo will not have been settled yet).
We will not yet see the impact of the high grade ore which is just now being accessed, and so much of the production will be from the lower grade stockpiles.
Hopefully, we may also hear news of Sandstone also. Anything positive about iron ore in Brazil would be a bonus, but I think most people have lowered their expectations of any revenue from iron ore since the onset of the WEC. Still, the iron ore isn't going anywhere, and eventually you would think the robustness of that project and sales to a local mill will happen, 'when' the world economy improves.
Any other thoughts?
Y
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