johnharris, it's about time that TTY make an announcement to...

johnharris, it's about time that TTY make an announcement to update the market, the management have a continuous disclosure obligation to keep the market informed, they should not just depend on people like myself to update shareholders on IO spot prices.
It is TTY managements responsibility.
I'd suggest a few shareholders email the company and request an update, if enough shareholders do it they will clearly do it.

The spot prices are going through the roof.

Indian iron ore prices surge further on week opening -
23 Mar, 2010
On week opening FOB prices of Indian iron ore fines surged further by 2% to 4% for different grades.

The recent surge takes the total hike in iron ore prices to 12% to 33% for different grades since last lo on March 8th 2010.