TTY territory resources limited

maybe something to do with drilling resultsor maybe a good half...

  1. 487 Posts.
    maybe something to do with drilling results

    or maybe a good half yearly results

    1 million tons produced, annual report says production cost is down to around $50 per ton, spot price strong about $100/ton

    so should we expect to see operating profit about $50 million?

    net profit after debt servicing payments, taxes, etc my guess is $10 million

    not bad for a $50 million market cap company
 
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