I guess my point is, and I may be naive ave wrong, whein I was calculating whether or not to invest in TNC, it was on the basis that once the company is mature (that is how I understood it) the goal was to be producing 12T TPA. That is, for the fully developed operation. I had not given thought that this was expected even in the first year.
One statement, forget which, stated " copper production is ecpeted to account for 20% to 25% of TNC income.
I understood that to mean some time in the future years.
I think we should just ignore the Copper Sulphate Pentahydrate production rate. They are pain for the eventual Copper metal + premium for other contained metals.
I can well be way off the mark but at this point nothing is untoward. Cloncurry, as I understood, is a small part of the total.
I am a forever optimist...and that's probably why I am REALY GOOD at BURNING my DOUGH on the ASX.
I tend to believe what I am told...until told otherwise....then it is too late.
I guess my point is, and I may be naive ave wrong, whein I was...
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Last
5.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $41.17M | |||
| Open | High | Low | Value | Volume |
| 5.9¢ | 5.9¢ | 5.7¢ | $18.84K | 324.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 368277 | 5.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 321049 | 8 |
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| Last trade - 12.47pm 04/06/2024 (20 minute delay) ? |
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Last
5.7¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 5.8¢ | 5.8¢ | 5.7¢ | 78707 | ||
| Last updated 12.14pm 04/06/2024 ? | |||||
| TNC (ASX) Chart |