Why am i the only one who thinks everyone is being a bit over-dramatic?
According to the announcement, that was just published we made 1,597t of copper cathode for January, lets assume we make that much for February and March, thats an estimated amount of 4,791t for the quarter...
Last Quarter we had production of 4,925 (with the stuff ups).. We arnt far off from that.. Last quarter AISC was $2.17 and we sold copper for $2.4lb..
Now Copper is $2.7, theres no way ASIC will exceed $2.7...
We also have 10-12mil give or take in liquid assets.
As long as we can maintain the lenders on our side we will be fine.
TGS Price at posting:
4.9¢ Sentiment: Hold Disclosure: Held
