Great Interview - Cash Flow Positive by EOM Must watch interview: https://www.youtube.com/watch?v=Ncvv7OAXRyQ&ab_channel=FCIRMedia
IMO, Trigon is essential for exposure in both #copper production and exploration; esepecially with expectations of being Cash flow positive by end of June, and then huge growth over the next 2 years!
TM just started production and has already made their first few shipments of copper concentrate and ramping production over the next 1-2 yrs to over 30mm lbs. Namibia is a very mining-friendly country; large amounts of phosphate, uranium, gold, diamonds come from Namibia.
More importantly, copper is getting squeezed as the traditional top producing countries such as Peru and Chile have seen reserves shrink, and now are facing labour issues and potential expropriation from anti-mining governments. Having exposure to other emerging parts of the world are proving to be very valuable and important.
$3.50 cash costs in open pit but goes to ~$2.00 in the underground part of the mine.
#Undervalued!