Guessing the 2017 guidance, page-7

M7, I have wasted so much time reading this nonsensical drivel you are currently spouting by attacking the 'unprofessional, 'three eyed investors' on this forum.

To be clear, it would be nice if you stuck stick to the facts and figures. Stop trying to be clever with your written analogies; they do seem to fall a little flat as I can see that English is not your first language (not your fault of course). At least the numbers you produce make some sense and I like it when you present some of your modelling - if not just to fact check some of my more basic assumptions.

How I simplistically look at it - is TGS better off now (in every respect), than one year ago? If the answer is yes - then I am happy to take a punt (if that is having rose coloured glasses or 'three bad eyes' then so be it - some may not, and that would be their decision. I have seen way worse managements in the mining sector than this lot, so I guess it is relative.

As to capitalising the interest costs (and issuing shares to save cash); it is allowed and was part of the re-financed package ... fine by me as cash is still tight. From memory, TGS forward sold production at low rates, so really they need copper to hold at current rates for another quarter. Happy to be corrected on this by people better informed than me.

Everyone hailed the re-financing (and the delayed interest payments) at the time it was done (given that VA was a distinct probability) and surely, we have to admit that we are in a far better position now than we have been for awhile. IMO, we should give management a break and give them a couple of quarters to benefit from the rising CU price. Management have stated that they can produce nameplate, so lets let them get on with it and better yet hedge some of the production at current prices.

This would probably lock in some interest/debt repayment possibly ahead of schedule (which is key IMO). The country/political risk is the still the elephant in the room, but I still believe, that at 0.04c, the risk reward is worth a punt. I will revisit this in 2 quarters or on the next MANAGEMENT downgrade to production; not on the next downgrade from a 'professional' on HC.

Thanks, rant finished. Charlie10 out.