SMM 25.0% 0.5¢ somerset minerals limited

Would have to agre that copper cash costs are still too high,...

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    Would have to agre that copper cash costs are still too high, and also agree that the higher costs are being marketed as country wide costs. I mean really, the $US has depreciated 2% against the PESO over the period and the power costs up 1 % and here is Hugh touting that the costs are industry wide. There are obviously hidden costs in this abnormally high cost report that we arent being told.
    Didn't really think much of the report and would think we are stuck in the doldrums.
    What happened to the Aroc Iris hype from boardroom radio last week. Does anyone think this information is stunning.
    Also weren't too impressed with the gold drill results. Am I missing something here.
    This is simply more of the same without anything tangible to take TMR northward bound.
    More patience required.
 
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