TNC 0.00% 3.0¢ true north copper limited

Ann: TNC - Melbourne Resources Series Presentation, page-4

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  1. 337 Posts.
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    As mentioned. I had a very good direct chat with Bevan Jones.
    He directly stated that the Cloncurry operation wil be (Is? ) at least a 6 year operation at minimum...there is more resource to come.
    He brought up the fact that 'consolidation' should take place around the Cloncurry Hub.
    I left the meeting very positive indeed about our investment and current management. Question we ask ourselves of course is...how & when will the market grasp this story and begin to reward them for what is built and what lies ahead.
    Re Mt Oxide etc. they are going after it. It is just that very large capital must be brought into play in order to extract the value. My impression is that they are quite positive but also realistic that it will need to be a standalone operation, Thus a very much larger resource than what has been yet defined. The fact that Bevan wants to continue looking up there means to me that he believes a really good resource is likely and will warrant the effort.
    He is very down to earth, not making undeliverable promises and 30 years of experience turning companies into profitable miners.
    There is more information but I do not feel comfortable raising anything that has not yet been officially released.
    Maybe a wink is as good as a nod???
 
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