Q: Any concerns with the issues surrounding copper production currently and going forward. Thinking of taking profits on this one.
5i Research Answer:
Construction and commissioning delays are fairly common in the industry. While not good news, investors have taken the news in stride, and TECK even got some broker upgrades this week and the stock rose on the week. It is still engaged with 'several' suitors on its coal assets, and we would not view this week's release in isolation as reason to sell.