Post by
Red_Deer on Jun 10, 2023 2:53pm
POUND,,,,,,,,,,,Where will We BE...............
The ONLY WAY We Will Get INTO the GREEN This Time is IF the Current Open Pit Mining
PROVES to BE Cash Flow POSITIVE.
To do THIS the Concentrates PRODUCED__Starting in July__Will HAVE To Be MUCH BETTER
than the LOUSY Sub 20% Copper Produced a Year Ago__AT LEAST in the Mid 20% Range WILL BE NEEDED.
ALSO__Am Concerned that the STRIP RATIO of Waste Rock/Copper Ore Rock MAY
BE on the HIGH SIDE__It HAS TAKEN Most of the Past Month JUST TO REMOVE the Waste
Rock From TOP of the Copper Bearing Rock__This COSTS a LOT of $$$$$ Paid to the Mining
Contractor.
Management OBVIOUSLY Would KNOW What the STRIP RATIO Is__BUT Have NEVER
Publically Posted THIS KEY NUMBER__Even in the Last Minging Update a Few Days Ago.
Comment by
Varscona253 on Jun 10, 2023 10:29pm
The June invertor presentation on the TM website shows that they predict 199,000 lbs of copper this year at a cash cost of just under $4. Things are looking better for 2024. I think this latest presentation gives a more realistic view of what to expect from TM. I think the Ben Petri stock predition is realistic. It is just a question of when. I predict $.60 by February 2024.
Comment by
GoldMember12 on Jun 14, 2023 1:19pm
Hey Red, Maybe you should ask this question in the presentation today eh?