TGS 0.00% 4.9¢ tiger resources limited

Hey to all Tiger loyalists, Massive time for tgs at moment....

  1. 132 Posts.
    Hey to all Tiger loyalists,
    Massive time for tgs at moment. Unless some disastrous turn of events in DRC , share price wont be so cheap probably ever again. So anybody willing to risk some sovereign exposure time is running out to jump on board this stock at these levels. Anybody who reads last investor presentation has to realise that tiger has some serious upside potential. Particularly with the figures given for kipoi central in terms of production and cash flows , and one has to remember that this is for kipoi central ONLY. Here is a recap from the presentation.

    STAGE ONE
    „hMining development
    „hHMS plant
    „hFurnace
    „hCap costs ~$40-50M
    „h+7% Cu, 0.8Mtpa feed, for
    „h35,000tpa black copper production
    „hThree years production
    „hOp costs ~$1,500t
    „hDelivering $200M pa free cash
    35,000tpa Cu for $200M
    Years 1 -3

    STAGE TWO
    Stage One plus
    „hSX/EW
    „hCap costs ~$250M
    „hPower availability
    „h+ 3.3% Cu, 1.0Mtpa feed for
    „h35,000tpa LME grade copper production,
    „h0.1% Co for
    „h800tpa cobalt production
    „hOp costs ~$1,500t
    „hDelivering $294M pa free cash
    70,000t Cu for $400M
    Years 4-6

    STAGE THREE
    Stage Two and
    Replaces Stage One
    „hFloatation circuit
    „hCap costs ~$10M
    „h+ 3.3% Cu, 0.8Mtpa feed for
    „h35,000tpa black copper production
    „hOp costs ~$1,500t
    „hDelivering $200M pa free cash
    Years 4-6


    STAGE FOUR
    Stage Three plus
    „hSX/EW expansion
    „hCap costs ~$150M
    „h+ 2.8% Cu, 1.0Mtpa feed for
    „h30,000t LME grade copper production,
    „h0.1% Co for
    „h800tpa cobalt production
    „hOp costs ~$1,500t
    „hDelivering $265M pa free cash
    100,000tpa Cu for $570M
    1,600tpaCo for $188MYears
    Years 6+


    MASSIVE predictions. And just for kipoi central. Even though tgs has a fair amount of sovereign risk, the numbers are just too good and when you start to add in possible potential of other projects $10+ share price in 3 years time is definitely possible. Even from kipoi central deposit only I expect a $3-$4 share price within next 2 years. If congo was as stable as Australia we would already be $3+. Anyway extremely exciting times ahead and this month is another stepping stone for tgs which should take tgs into new trading levels. Expecting a support base of at least 60c + after next two months. Good holding to all and to those not in , have some careful consideration with this one but time is short if you wish an entry at these levels. Cheers for now.
 
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