TGS 0.00% 4.9¢ tiger resources limited

concentrate export ban, page-15

  1. 262 Posts.
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    Have just spoken to someone with a good understanding of the
    situation in regard to this matter. His understanding is that the brunt
    of this proposal is aimed at near-term producers who don't at present
    have a clear pathway to value-adding to their commodities, and that
    slack will be cut to companies such as TGS who are moving swiftly in
    that direction with their SXEW plant.

    Furthermore, according to my source, 60% of TGS concentrate is already
    being refined in the DRC by Trafigura under the terms of their off-take
    agreement with Tiger. As has been mentioned by others, I take comfort
    from the fact that we are 40% partnered by the DRC Government, and
    they have been flexible in the past, and it would also be in their inteest
    to also be flexible now. Lets see how it pans out.
 
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