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4.9¢ tiger resources limited

Ann: Tiger secures $US18.2M Funding, page-42

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Nikec

2,468 Posts.

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27/09/17

17:09

Post #: 27496986
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Originally posted by MagicSeven ↑

So I was right that they will deliver a very bad 3rd quartely... and in the 4th quarter we can expect that they will use just 3rd party material without any mining or do we see a 4th quarter without any production till the commencement of mining beg. new year?

So they will use a lot of cash for repairs.. bad sign.. hope it will be an upgrade instead of bad made repairs as we have seen the results in the past...

And I wonder what they will get back from the insurance claim..

atm.. there are too many "??????????"

A rebound is in sight if the plant is working fine through the whole year on a min. rate of 33kt per year with an aisc of max 1.55.. and that as soon as possible.. a safer and better plan would be to increase the nameplate to 40kt with the cr till June.. or beginning to install the cobalt plant.. to be prepared for asap cobalt production to payback more loans.. within the next 5 years.. (as long copper/cobalt price is on the current lvl)

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What is your prediction for this quarter?

Mine is 4,500t of cathode at $2 AISC, with copper price averaging $2.8

TGS Price at posting: 4.9¢ Sentiment: None Disclosure: Held
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