What is TGS really worth?, page-8

Chart to some degree but do the maths on a spreadsheet, use current copper price and work through the info to ascertain production and costs. When you check into Hotel Tiger at Falls Creek be aware that costs can change, production can swing, we may or may not close down the old wing in 2016....2015..... late 2014. We may or may not build the new wing. There may be too much salt in your food and you may have to share your room with new guests with little warning. Also, you may have to pre-pay your transport for 100 times the duration of your stay.

On the plus side, it is cheap, the locals are friendly and there is a massive supply of copper. Management are great project managers and the place is almost full to nameplate guests. If they commission the new wing it will be THE place to stay.