Todays increase was partly because of a higher copper price and because of the anticipation of the quarterly. Nothing to do with cobalt, but if the cobalt production was to commence TGS SP will adjust accordingly.
The project is very profitable we just dont have the money to fund it.
A lot of my investment decisions have been very very good, i however take up a lot of risk, i have averaged around 80-100% return (im not making this up) for the last 2 years. This financial year i got hit very hard on SGH, with most of my portfolio tilted to it, im trying to recoup a lot of the lost ground but i doubt il be able to make the return like last year.. Anyway, im very happy with my TGS holding, intend on keeping it until we hit 8-9c then i will re-evaluate my position.
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Ann: Study Confirms Potential Cobalt Production for Tiger-TGS.AX, page-66
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