TGS 0.00% 4.9¢ tiger resources limited

How wrong you are.. So do you really think that an aisc of 2.65$...

  1. 597 Posts.
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    How wrong you are..

    So do you really think that an aisc of 2.65$ (q1.2017) is really a break-even to a realised copper-price of 2.67$ if the "aisc" doesn't include overhead (admin), depr. & amort and interests and other costs??

    So the cash drained from around 7.4mn (q4.16) to 3m (q1.17). So I wouldn't say that this is a "BREAK EVEN"! This is just a worst case scenario, which is still on track while they try to stop the bloody sparkling!

    And for q2.2017 I would expect nothing more than there is just a penny of cash left means down from 3mn (q1.17) to some US$/cents now (q2.17)!

    So please don't talk about a "break-even" if there wasn't even one after all deductions (q1.2017!)!
 
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