TTY 0.00% 49.5¢ territory resources limited

quick tty evaluation, page-38

  1. 34,266 Posts.
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    Fondy writes
    "How can tty justify spending $14,000,000 on a wet plant on a 4-5 year resource"

    Ill tell you how 2,5MTPA * 130 a ton = $325 M revenue in one F#$%n year I am guessing a 6 month payback.

    As for ore mined not correlating with ore shipped there is always a shortfall between ROM ore and shipped ore in every mining operation The gangue is normally stockpiled as tailings


    Personally I would rather have 10MT of Francis creek ore hematite ore grading plus 58% than all that magnetite ARH and others that will probably never get mined here there is cash flow.

    As for surfer boy the reason TTY was closed down all those years ago was because a rather nasty cyclone came through and flooded the whole place out when ore prices were rock bottom think it was Tracy.

    I am getting a little weary of communicating with ignorant investers who seem to think they are experts.
    The above are just my opinions surfer boy and Fondie are welcome to consider me an arrogant fool to.
 
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