a coupleof headwinds for tko....
1... they hedged 40% of 2024 production at 3.25.... so will have limited upside to the heavely forecasted uptick in copper price...
2... gib looks like its going back to being a boat anchor.... 10 mill less lbs ... thats about 35 million in cash flow gone.... ( minimum).... eye m sure they will knot meat production estimates because of problems with the pit moves ...
i am looking at harvesting the near term bump due to good q4 and soon to be good q1 results....