I guess my point is, and I may be naive ave wrong, whein I was calculating whether or not to invest in TNC, it was on the basis that once the company is mature (that is how I understood it) the goal was to be producing 12T TPA. That is, for the fully developed operation. I had not given thought that this was expected even in the first year. One statement, forget which, stated " copper production is ecpeted to account for 20% to 25% of TNC income. I understood that to mean some time in the future years. I think we should just ignore the Copper Sulphate Pentahydrate production rate. They are pain for the eventual Copper metal + premium for other contained metals. I can well be way off the mark but at this point nothing is untoward. Cloncurry, as I understood, is a small part of the total. I am a forever optimist...and that's probably why I am REALY GOOD at BURNING my DOUGH on the ASX. I tend to believe what I am told...until told otherwise....then it is too late.
TNC Price at posting:
8.5¢ Sentiment: Hold Disclosure: Held
