Ann: TIGER INCREASES 2014 COPPER PRODUCTION GUIDA, page-7

re: Ann: TIGER INCREASES 2014 COPPER PRODUCTI... I know we should all take broker reports with a pinch of salt, but Macquarie have upgraded their price target to 66c on the back of yesterday's announcement.

"Tiger has increased 2014 guidance for Kipoi by 85% to 39,000 tonnes of contained copper. Stage 2 should produce 50,000tpa of copper cathode once built and it's fully funded. Macquarie expects first cathode in mid 2014.

The broker retains an Outperform rating and raises the target to 66c from 60c."

http://fnarena.com/dsp_recommendations.cfm?searchsymbol=tgs

Still good value IMO.