RE:RE:RE:RE:Re Whoops !nofluff wrote: I am guessing it put net 20 million on the table so far. If copper stops at 5.00 then about 20 million off for a break even. But if copper goes to 10.00 as some are calling, then those not collared will run away from those that are.
Currently market is paying about 1 billion cad for tko. Its net mc to debt ratio is in decent shape at almost 2 to 1.
They are safe but earnings upside is capped at 25 million plus for the next 6 months compared to today's copper price.
Lots of guess work:))
nf
It's not going to $10 in 6 months.