Without regurgitating well known data, it seems that if Copper stays buoyant as most pundits say it will TMR should come out the other side OK.
If TMR management can be believed plant upgrades have been carried out and been effective, ore grades are increasing. Management have carried out a degree of mitigation with respect to some of the risks thay have identified eg Electricity and water.
Given the 'dodgy' share issue they are reasonably cashed up.
It sounds like they are doing the right things, but I suspect this a very bad time to be a junior miner. I do understand that there is a feeling that HC spent too much time on business radio and probably said things he regretted leaving TMR with a creibility issue, hopefully they are wiser now.
JH
TMR Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
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