Its pretty clear regardless of the continued volatility, the copper price seems to have bottomed and for every high, we seem to test it every month or so on the upside. By end of year with the debottling process completed we should be ontrack to produce 32,500 p.a. with at least a profit of $0.60 per Pound (at current prices). That is a profit before debt and depreciation of $43million. As has been done before Tiger has demonstrated that nameplate is achievable and breakable. What they haven't proven is there ability to run at a profit. Maybe the end of this year will see an end to the drought and a share price reflective of 3 x profit (after all costs) may jolt the market.
Until then we will see little movement unless the copper price rallies up stronger.
Good Luck to all in the new year. may this be tigers year to shine.c
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