is higher grade copper coming .., page-4

I do remember reading the following in an announcement and and wondering if TMR were trying to let us down gently to pre-empt a disappointment, but I hoped the increase and improvements in production would more than offset the lower grade ore.

Cinabrio Mine Resources – Mining to the Long Term Resource Grade
Tamaya has disclosed that as the company ramps up production to 3000 tonnes of ore per
day during the next quarter, this has required Tamaya to mine through areas of relatively
low grade ore which has impacted upon operating costs.
The distribution of the new Cinabrio resource inventory shown in the long section (below)
shows very clearly the key areas of the mine that impact upon Tamaya’s immediate future.
Diagram 1: Cinabrio resource inventory

(can be found on ann. 25/2, don't know how to post it sorry)

The company is currently developing through ore of lower grade than the 1.5% grade
demonstrated in the life of mine resource statement set out above.
Current operations are located in the area marked “2” which is feeding lower grade ore to
the mills while the development reaches into the high grade block in the southern part of
the orebody between levels 300 and 400 (zone marked “3”) and into the deeper blocks
below level 300 (zone marked “4”).
Once the company has established mining sections in zones 3 and 4, this will be followed
by the establishment of open pit operations in the zone marked “1” once the open pit
operation is permitted later in 2008.
The mine plan is being adapted to focus all efforts on development into the higher grade
zones, with the intention of mill feed returning towards the life of mine resource grade of
1.5%. This improving grade will be evident during the next quarter.

I am new to understanding mining but I understood this to mean the mine was only experiencing difficulties due to the transition phase of increasing production, and things would improve once Project 3000 was fully operational, although from my quick read of the quarterly it didn't sound this reassuring, more just the cold, present facts without the reassurances. This ann was before the articles on the power shortages also.

I do remember a quote by Mr Callaghan (don't know it exactly sorry) stating the mine is like an aircraft, all the effort and hard times are spent getting the aircraft in the air, but once it is in flight, then it cruizes from there... hopefully TMR believes the latest quarterly is applicable to this metaphor also. Personally am not considering selling, I will be patient, even if the SP does suffer some more sideways "turbulence"... heh heh, see how I worked that into the metaphor? Er... yeah. GL holders!