Guessing the 2017 guidance, page-53

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The German

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20/01/17

18:28

Post #: 22039142
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Originally posted by MagicSeven ↑

Did you really already forgot the early dreams of tgs itself??:

On tgs homepage (german):
http://www.tigerresources.com.au/home.1.german.html:

"AUFSTREBENDER KUPFERPRODUZENT
Tiger Resources Limited (ASX: TGS) hat sich zu einem führenden Kupferproduzenten sowie zu einem Entwicklungs- und Explorationsunternehmen entwickelt. Tiger entwickelt das Kipoi-Projekt stufenweise. Tiger produzierte Kupfer in Konzentratform auf ihrem Kipoi-Kupferprojekt von 2011 bis 2014 und ging im Mai 2014 zur Produktion von hochhaltigen Kupferkathoden über. Das Unternehmen wird im ersten Jahr 23.000 t Kupfer produzieren und hat Pläne, danach die Produktion auf 50.000 t zu erhöhen.

Das Kupferprojekt Kipoi wird von SEK (Société d’Exploitation de Kipoi) betrieben, einer sich zu 95 % im Besitz der Tiger Resources befindlichen Tochtergesellschaft."

An older English article tgs:
https://www.google.ch/amp/www.*.co.uk/companies/amp/news/65797

"... The company also expects to be in position to confirm timing of the Phase 2 expansion to 50,000 tonnes per annum once long term finance facilities are in place that are suitably to the projected Kipoi cashflow profile. Project optimisation work continues with potential to lower mining costs versus feasibility assumptions. This also includes the reduction or removal of the tank leach (the majority of the Phase 3 capital estimate), which will further enhance project returns.There are also a number of options to minimise the working capital build associated with expanded production.Kipoi ReservesCurrent Reserves at the Kipoi Project supports a 10 year mine of life at the targeted Phase 2 production rate of 50,000tpa."

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Old entries on the German homepage. This is barely maintained.

I have not forgot about that. But I see that the new management does not mention 50 kilos.

TG

TGS Price at posting: 3.6¢ Sentiment: Buy Disclosure: Held
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Guessing the 2017 guidance, page-53

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