Tiger sold their share in the company formally known as Chrysalis Resources, who used to prospect in Zambia but now operate a Philippino mobile telco company. That sale netted Tiger ~$350k, which is about a week of interest but still - holding Peppermint makes no strategic sense so I support them selling it. Discount of between nothing and 40% depending on which date you benchmark over the last month.
Anyways... Copper going up. Pressure built at $3 before finally popping through. From a technical point of view, the copper chart has been a delight to watch... My excitement tempered only by the thought that our production profile is inversely proportional. Starting to feel like Chinese water torture, to be honest...
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- Ann: Ceasing to be a substantial holder for PIL
Ann: Ceasing to be a substantial holder for PIL, page-5
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