financing costs will come down significantly...only interest payments this year... copper already up from the lows, LME stockpiles low... looks like the worst is behind us
...now TGS owns 100% of the mine and will generate significant cashflow. At copper 2.50$ per pound TGS should be nearly debt-free in 3-4years...
may first targets for the SP are 10-15 cent
Ann: Preliminary Final Report, page-6
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