The big difference between Anvil and us is that is their SXEW plant will be commissioned before June and ours is at least 3yrs away.
If you were to put an annual discount rate of 20% because of political risk(and the risk of copper price falling) then the first cash flow of theirs is worth 90% of current value and the first cash flow of ours 51% of current value.
Nofish is onto it when he says using their facility would be good.However I would have thought Anvil would put their own material through to reach plant capacity at these prices.Having said that they are looking at leaching ore< .3% to get extra feed for their plant.
The other option is taking up the slack ( if there still is some)from FQ.They were sending to their SWEX plant just across the border in Zambia. DRC gov have said they want all processing done locally but they might give temporary exemption if we said a plant is being built.
On a different note best wishes for new year to you and all TGS shareholders and here's to $1 before we celebrate the new year again
TGS Price at posting:
50.5¢ Sentiment: Buy Disclosure: Held
