Personally, in my opinion, TGS is more stable now than it was when they were refinancing the loans, even copper is up a lot. I believe the lenders are aware that they have had a string of bad luck in terms of the operational perspective and are willing to let it play out.
With copper price holding above $2.6 and with good weather and high electrical usage i think this quarter will show a significant improvement on the last, it will get tricky towards the end of the year when the wet season kicks in again, hopefully they are prepared for that again.
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Personally, in my opinion, TGS is more stable now than it was...
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