My understanding was that while TTY doesn't have much IO it has the best quality aside from Vale.
There was anews clip on the other night about the IO contingent in China promoting Aussie IO, and on the board behind the speaker was a large logo of Noble. That gave me some heart. I think the fact that Noble have quite a bit invested, TTY is in a better position than someone like AGO who have a lower grade and not as good contacts. Lets hope that's the case anyhow. TTY should get a real lift in sp if they can sign long term contracts as that will give some certainty to the expected profit. They are going over next week, so lets hope that the global markets continue to rally and provide a bit of confidence in the IO market.
TTY Price at posting:
25.5¢ Sentiment: Hold Disclosure: Held
