TFE territory iron limited

TFE - Territory Ironrisen from 46c to 68.5 cents in a few...

  1. cybernetik
    589 Posts.
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    01/04/07
    14:02
    Post #: 2319853
    TFE - Territory Iron

    risen from 46c to 68.5 cents in a few weeks

    will start producing at 1.5 mtpa or iron ore per year from May this year

    agressive drilling program (25,000 metres) scheduled this year to at least double reserves and mine life and ultimately increase production to 3 mtpa

    Market cap: around 105 million

    comparison: MGX - Mount Gibson Iron

    market cap: 630 million

    production: around 3 mtpa

    it doesn't take a rocket scientist to see the growth potential of TFE
    TFE Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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