Orion 123 , mate take your rose coloured glasses off. TNC say: copper Sulphate production will pay for all TNC exploration costs during June qtr. $375,000 Cu sulphate produced. 1/6th of forecast.Exploration costs $2m. Admin/directors/corporate costs $3m. My argument is, why does TNC say what they are going to do and then don’t do it. And when they don’t meet the forecasts, say nothing ? How could a petty outfit like this have $3m admin costs in 3 months. That $250,000 per week. Ffs. If you think this is OK then you should sell your house and buy more stock in TNC. Anyway the Quarterly in 3 weeks willTell you how right you are! My guess Copper sulphate will be lower than the previous quarter. I can’t understand, why not say it as it is and if forecasts not met, explain why not met.Explain why the admin costs are the biggest costs of the company. 150% more costs than exploration costs.
TNC Price at posting:
10.5¢ Sentiment: None Disclosure: Not Held
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