From looking at the last quarterly cash flow report the total operating costs, incl. royalties, export clearing costs and VAT were US$2.4/lb Cu produced. Then there were other losses from interest from bank loans, tax payments, losses from investments etc. I would say they would be hoping to improve there all in costs in the future but I haven't researched the company enough to know how they plan on achieving this. Although I think it is unfortunate they are looking at spending another 16mil next month on development costs.
I wouldn't bother looking at C1 cash costs, you need to look at overall cash flows.
Don't take this as advice the figures quoted may be incorrect DYOR.
TGS Price at posting:
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