2 things. Bevan Jones made no secret of the need for extra capital at some point in a face to face discussion I do not think revenue will be zero...they have beenproducing Copper Sulphate Pentahydrate (containg 25% Copper) from the heap leach plant at COH. I am assuming the amounts processed will ramp up but in the end the heap leach operation is 10% or less than the overall picture. 2. I have mentioned a couple of times that I believe there is some (do not proclaim it to be substantial) SHORT SELLING of TNC shares. Just checking the ASX short sales report for yesterday and there was 45+ T short sales. If one looks at the trading volumes and prices on a daily basis ( 1 day or 2 day chart) it does seem to me that there were a couple of drops in price, followed by similar price recovery. I also still suspect that APAC continue to offload shares as I have indicated vefore....so far another 7 million odd shares sold this week. I am therefore guessing they must have another 20 M or so to go..
TNC Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
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