"I suspect they have already begun mining or purchase of third...

"I suspect they have already begun mining or purchase of third party ore before stock piles run out. It doesnt make sense to get line of credit if not to purchase/mine ore."

I had the same impression as you in the beginning.. but I can't read such a thing on the last ann.

And don't forget.. 3rd party material would also reduce the margin of income.. so this should be a max. 3-month deal if there is one.. In the meantime all operation-repairs, LOM/cobalt studies (2nd stage) should be done perfectly or tgs' 2018 (future) is a deadly history..

A well 3rd quartely performance and a well prepared outlook could show a sign of a possible rebound.. but now we can just do expectations as usual with this ill patient tgs..