SMM 20.0% 0.4¢ somerset minerals limited

@Paul100In a sense costs and grade are the same thing. The lower...

  1. 145 Posts.
    @Paul100

    In a sense costs and grade are the same thing. The lower the grade the more you have to spend to get the copper. I hope grades and costs do improve. I bought TMR cause I liked the story and liked its long term prospects. That said I want to see improvement not promises.

    I'm not concerned about analysts forecasts per se because I think they are badly badly wrong but my point was that while you have people thinking that way they will steer clear of TMR and this doesn't help overall sentiment.

    The big projects in Zambia/Congo have much lower cash costs.

    @nsh

    Yep I have my fingers crossed for the Armenia thing. Portugal seem too far off to have anything crossed yet and wasn't a factor in me buying TMR.
 
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