Member Info for tqhussain

I hold 10m shares but ill be honest 16p is a silly figure, just doesn't sound realistic.

I think its the only miner.

I'm sure many will trade this, which keeps the volumes up but I do not plan on selling up.

We are heading in to news rich times now.

picked up a few more, this is undervalued considering the recent acquisition.

70p to sell

Recent director buy @ 159p

Might take a bit of time but the case sounds legit/fair to pursue.
If successful this will multibag.

claim for a few multiples of current SP.

$17m+ dark cloud lingering over OEX & partners is gone.

RNS - good news for OEX

Brilliant update, market will take this very positively.

Well done to the management team for navigating the business so well during these times.

MC is way too low, the company is consistently producing 3500+ bopd.

RNS

I imagine most money will go towards Florence mine, that will add 85m lb cu to current production And hopefully some activity on the gold exploration licences.

Solid performance for the first half of the year but 2nd half should be even better at current copper prices.

Picked up a few more this morning to take my holding to 10m. GLA

QUALITY PROJECTS

https://www.tasekomines.com/assets/docs/presentations/July%202020.pdf

near production asset, copper prices are good and in a safe operating environment.

Florence project:

Pre-tax net present value of US$920 million at a 7.5% discount rate using US$3.00/lb copper
Pre-tax internal rate of return of 44% with a 2.3 year payback
After-tax net present value of US$680 million at a 7.5% discount rate using US$3.00/lb copper
After-tax internal rate of return of 37% with a 2.5 year payback
Operating cost of US$1.10 pound LME grade cathode copper
Total life of mine production in excess of 1.7 billion pounds of copper
Average annual production of 85 million pounds of copper for the life of mine
20 year mine life
Total pre-production capital cost of US$200 million
Long-term copper price of US$3.00 per pound

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