Ann: CMG: Farm-in agreement, page-3

I do not understand the price weakness.
I agree with you that TNC is not what it looks like on the outside currently. They will start announcing cash flow for this quarter. The real key to TNC is that it is not just this one project. There is Greater Australian and VERO seems to be shaping up as an excellent resource.
If one goes back to their aims statement when they listed, they clearly say they intend to be a mid-tier copper producer.They also say, when discussing the current project, that they expect Copper to represent about 25% of their total income.
Can only hope they execute.