Post by
JCSunsfan on May 04, 2022 7:52pm
Nice looking QR
Positives: Revenues up, beat expectations by 2 pennies, $273 million of liquidity (with a large chunk of the CAPEX of Florence already in the books). Gib mine life extended.
Negatives: Cost of production up at Florence due to deisel and some other issues. To be expected. Florence not approved (same word as before). They did say that they had no problems at all with the draft permit reviewed in December. Not expecting Q2 copper price to average $4.59 like Q1.
Good report. A little positive surprise. I have no complaints.
Comment by
metalhead666 on May 04, 2022 7:54pm
You will. TGB does not exist in a vacuum. As the global economy collapses so too will copper and TGB...that's just how it works