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Post# of 33753
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cl001

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cl001

Re: GettinThere post# 3148

Tuesday, 07/26/2005 1:48:17 PM

Tuesday, July 26, 2005 1:48:17 PM

Post# of 33753
GettinThere Re: TGB
Copper you need to use the actual production, because TGB count the inventory:
15.5 m *1.55 =24.025 m
Moly will be the actual sales because TGB count its value as 0:
223k * 33 = 7.356 m
total 31.384 m
Last quarter Minesite operating costs were $23.5 million, and treatment and transportation charges were $3.8 million. Total 27.3 m. I am making a big assumption here. I think the treatment and transportation will be higher, but moly circuit is ready, I assume it cost TGB a lot to set it up in 3 months.
Net profit about 4 m, or 4 cents.
I was hoping TGB to get 7 cents this quarter, and have been accumulating TGB at under 1. I sold some today at 1.09. Many of the 1.09 sales are mine.


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