copper prices

As an unhedged Copper producer, TMR is really well positioned. Buying IBR still the smart trade - suprisingly large arbitrage still. If this didnt complete, I am worried IBR will fall back to the 50c-60c range on inertia and a growing concern over what is really going to happen there. The TMR shares will still be worth a lot more as I've pointed out so it may be a useful hedge to buy TMR. Seem to be able to pick up at 20c without doing any damage to the price

Announcement over oxides today a positive step to more copper, longer life and what should be lower costs. There seem to be very few ASX, TSX or AIM players with copper sulphides or oxides over 1.5% as TMR have. A great buy.