Post by
Cognition777 on Jul 04, 2022 10:15am
$1.15 drop
In Q1, copper rose $0.33 and TKO reported a unrealized loss of $7.5m and a realized loss of $2.3m that expired.
In Q2, copper has dropped about $1.15.
On paper, TKO should have a decent bump in their Q2 earnings report with 6 months of $4.00 puts in place as of June 30th.
Comment by
metalhead666 on Jul 04, 2022 11:05am
So what? The stock is going back to 50 cents without the Florence permit. After their hedges mature they'll be losing money. The unfolding global recession/depression will see to that
Comment by
Cognition777 on Jul 04, 2022 12:51pm
so what? The sun is burning out and eventually the earth will be uninhabitable. After that, no mine on earth will be relevant.
Comment by
metalhead666 on Jul 04, 2022 12:56pm
Ok, so do you want to be richer or poorer between now and then?
Comment by
metalhead666 on Jul 04, 2022 3:15pm
You can't have an IQ over 70 Gump....that's about the most stupid thing you've ever written. It's "seems" not "seams" like in your pants....do yourself a favor Gump...stfu.
Comment by
spitfireIVX on Jul 04, 2022 8:29pm
You know that elements heavier than Iron take more energy than they give off during the process of fussion, right? 5 billion years left, but it will grow in size and kill earth long before that. But yes, we will still be waiting on the permit in the mean time! :-(
Comment by
2024golden on Jul 04, 2022 2:44pm
.....we may still be waiting for the Florence permit!
Comment by
nofluff on Jul 04, 2022 12:22pm
Stock market has been brutal. Hopefully some good h2 guidance coming up. Tko has been a bit more forthright in the last year. nf