Ann: TGS Kipoi Production Update , page-8

Jaybird et al

Apologies for hastily written slip.I was watching my shares for sale while writing.Should be they receive $2.50 (out of a price of $4.20)Not they are charged $2.50 This is assuming 60% So the effective toll is $1.70

Despite my error i am still annoyed that they did not clarify terms of trade although we are already selling.

I also still think it is unfair to compare the cost of producing conc with the cost of producing copper without alerting people that your comparisons are not "eggs vs eggs"

To put it another way when,as Im sure it will, copper reaches $10000 ton the project will get $6000 for each ton in conc and TGS share of that will be $3600.


This of course is for stage I Kipoi.
Lupoto and stage 2 and 3 are different.