TGS 0.00% 4.9¢ tiger resources limited

macquarie to launch pumpi in tsx ipo, page-3

  1. 143 Posts.
    Well, its a trend that runs for tens of kilometers W - E
    Kisanfu 815 is not exactly TFM, it comes out the portfolio of Phelps Dodge Congo, a company bought by Freeport McMoran.
    While Tenke originally was signed by Lundin, afterwards Freeport joined as industrial partner. So Kinsanfu still 100% Freeport

    The intriguing thing about CuCo is that they ordered 2x 19,000 DMS plants, only... their resource as for now will keep them busy till 2H 2013. They need another 250Kt Cu to keep the plants running. Means a lot of drilling above the additional 30,000m they just finished. CuCo's Kinsanfu 661 is only 254 hectares, firstly I thought Somika's 12123 SE of 661 was in the package, but not. So, I expect Pumpi to add reasonable volume.

    (Aurum Sprl is/was the exploration co of Somika)

 
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