TGS
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0.00% 4.9¢ tiger resources limited

ready to roar - fosters stockbroking

  1. zach4bank
    25 Posts.
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    29/11/10
    13:54
    Post #: 7539436
    The Australian Spec page article

    http://www.theaustralian.com.au/business/mining-energy/gold-price-hopes-tarnished-despite-safe-haven-status/story-e6frg9ex-1225962348812

    Foster Stockbroking describes Tiger Resources (TGS) as "ready to roar". The company is developing the 55sq km Kipoi copper project in the Democratic Republic of Congo. The report says TGS is six months away from production at the initial rate of 35,000 tonnes of copper concentrate a year. Foster says Kipoi will catch the expected higher copper price as well as being one of the lowest ASX-listed cash cost producers at US32c/lb in the first stage. They value TGS at 67c a share, against Friday's close of 41.5c.
    TGS Price at posting: 42.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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