TGS 0.00% 4.9¢ tiger resources limited

Out of the report Q4.16 (page 3): "Kipoi Debottlenecking: The...

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    Out of the report Q4.16 (page 3):

    "Kipoi Debottlenecking:
    The debottlenecking capital works program was successfully completed. This expands Kipoi’s SXEW nameplate production capacity by 30% from 25,000 to 32,500 tonnes per annum of copper cathode."

    So what they are telling us is IMO this:
    Just the main work to expand the debottlenecking is complete but the expansion is still in progress and isn't on its nameplate so far!! So as a result we wouldn't see a 32.5kt for 2017!

    And that's why I am expecting a ~28-30kt production with an aisc of 1.60-1.65 for 2017.. if there no more costs for the ponds and other issues (incidents!)!
 
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