somehow wvl have managed to blame the first windimurra disaster on xstrata - like xstrata don't know about mining. wvl appear to be doing nothing different this time around. windimurra would have been a financial blackhole to tty.
tty needs to concentrate on revenue from francis creek, grow to 3mtpa, takeover a few smaller companies, and make decent money for 5 years. after that, you wont be able to give iron ore away. too much supply.
TTY Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held