SMM 0.00% 0.4¢ somerset minerals limited

tamayas future

  1. 37 Posts.
    Guys, Can someone please help me understand the following question. What is the possibility that TMR could in the near term (eg this calender year) could go out of business through financial issues?

    This has been mentioned on other TMR threads, but I don't know what the mechanism for this to occur would be. So, assuming that they keep producing ~2000 tonnes / quarter Cu at around the $2.15 or lower range and that Cu prices stay +$3 what then could cause this to occur?

    If we assume that all their other interests outside of Chile are worth zero dollars (which hopefully they are not..) what else is out there ready to trip them up eg Debt / Legal issues etc.

    Any thoughs greatly appreciated.
 
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