WNG: yes in hindsight it is a bit confusing after I have cut and pasted it. When it says "user was suspended for this post:" this message was below the post and "this post" was referring to this. The comment below was not his post, but the comment on it by the adminastrators, and the reasoning behind why he was suspended. Unsurprisingly from Icred's statistics it was a post in an ANZ forum, if you want to view it, it is amongst his most recent posts. I'm not going to comment on it aside from passing on what the administrators posted if anyone was interested or should anyone believe this holds any significance.
re:88m, I agree WNG, the figures will be much lower this year, those figures obviously for a projected annual figure. I also agree with you that costs are still too high, even if they manage to get it to $1.80, and thought considering their forecasts previously used copper prices of $3.20 it is suprising how much difficulty they have had. As that analyst report stated (which I found very interesting but apparently I am in the minority), this company has been saved by the copper price, although costs and copper prices are undoubtably leveraged to some extent. I am hoping they achieve their goal of $1.80 and then are able to reduce this further via open pit mining, economies of scale, further optimisation, shorter distance from arco iris/dalmacia etc etc.
TMR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
