matix is cheap, page-4

the re-opening of the original plant does depend on the copper price. they could make money around the current price but maybe they are waiting for it to go higher before they do a take off agreement.
the really big deposit that SG are funding is well in the money at the current price and they can produce 15,000 t pa for 8 years. thats the deposit they are doing the fesability study on right now.
there should be no shortage of groups wanting the copper out of these guys so i think its only a mater of time before they announce a major deal here. thats when i expect things to get interesting.