Yes a lot of the higher cost producers will shut up shop or keep mothballing mines. Fortunately for tiger the cash costs are quite low so they can survive these lean times then capitalise when copper finally booms again (hopefully now is the start of another boom but pays to watch prices closely).
Copper has gained yet again overnight so hopefully another few pips of gains today.
- Forums
- ASX - By Stock
- TGS
- Ann: 2015 Annual Financial Statements
Ann: 2015 Annual Financial Statements, page-38
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)