PnB, you are right! I think the $110 mill, plus the Taurus 17% loan, AND the Gerald advance on the offtake agreement, was the time when TGS gambled big. Unless cu prices stayed high Tiger wasn't really able to pay shady Gecamines $110 mill, plus take such a high interest rate loan. I think local guys at Gecamines pushed harder for the deal than our management. I got out a few weeks ago, with around 80% loss on dollars, so I am hardly one to gloat and say I told you so. Best of luck with this announcement, to all holders, although I think a CR is now imminent
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