imo it's too hard to forecast future prices for any commodity. For copper, I'm happy with anything north of $3 per pound. My strategy is to look for the players with the lowest quartile production costs and at least you'll be the last man standing during any significant commodity price drop.
Does anyone know of a company with lower copper production costs and better resource/reserves than tgs? They are truly a freak in this regard.
Only serious question for me is the sovereign risk in DRC. I'm hoping the SA banks that have loaned tens of millions to tgs have good judgement in this regard ...
p.s. my above posts should show STOCK HELD discl.
- Forums
- ASX - By Stock
- TGS
- highest close since march 2012
highest close since march 2012, page-5
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TGS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO & MD
Anthony Noble
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online