Regarding the SXEW plant and the attendant risks, I would have thought it entirely logical in the short-term for TGS to add value to their ore by trucking some of it over to Anvil's plant and having it put through their SXEW mill. Anvil would make money by treating it and we would make money by having a much purer product to sell. The big winners of course would be Trafigura, being major shareholders in both companies, and having an off-take agreement for the product as well.
TGS Price at posting:
50.5¢ Sentiment: LT Buy Disclosure: Held
