Cheapprice must have sellers remorse or smoked something overnight. The company is dealing a terrible capital squeezed environment for mid tier and lower miners. We all agree (and want a higher share price) but I don't see what calling/writing to ASIC will do. CBA case in point!
They are also dealing in the DRC and there are holders who have been here longer than me who are feeling frustrated. We all hope that moving forward they get exceed nameplate and do a debt raising rather than dilute us further. If this occurs (which may take another 12 months), then value should be realised.
Talking about value, a news item last night showed petrol at 75 cents in 2000 (as we know it has doubled). Why do all DFS assumptions assume copper will be at $3 in 10 years time is beyond me?
What is TGS really worth?, page-47
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