I expect news mid next week to the effect that Zinc circuit is on line and agreements have been signed to sell it much the same way as they did for their copper concentrate.
Also next week to watch is the first shipment at higher copper concentrate %. In the past shipments were in the 8M$ range and if copper % has increase by 25%, i would not be surprised to see a 10M$ shipment.
All together, TVI is again showing consistency in shipments and achieviement of their projects on time. The shares are still not reflecting the real value of this company and the thing is that one day without notice or major news release, it will start to climb as it is often the case with micro-cap companies.
As a pure play TVI has not yet achieved the expected return on investment, but patience will get us there.
Also note that Q1 results should be released mid may and balabag drillings test should be completed by the end of May. Personnally ithink their results will be very good and they will give a green light to starting of this new mine increasing the total TVI mine life by a couple of years.
When you look at the complete picture, TVI has a lot on their plates for the coming 6 weeks and still cannot find bad press release in the near future.
TVI is still one of my favorite picks for this year.
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