TNC is not about copper sulphate, indeed with nearly all copper resources very little is oxide ores and amenable to SX leaching.
the company’s mistake was portraying that SX operations on the ore stockpiles was more than commissioning the crystal plant.
Copper is nearly $10k US per tonne. TNC is starting mining, I think it is ok place to be.
the stuff with the asx querys, read like a company who is rapidly growing. it basically says nothing that wasn't previously disclosed they missed their production forecast from the mt Norma stockpiles. the facts are mine life 100% reserve and had advanced grade control drilling.
i am hoping to pick some more up tomorrow morning. Copper is a pretty exciting place to be right now.
TNC Price at posting:
8.6¢ Sentiment: Buy Disclosure: Held
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