I guess it depends on how the shareholders vote....
Not saying copperchem intend to takeover, just something to keep in mind. IMO This project ties in nicely with their Mt Colin operations of shallow high grade deposits, nice and close also. Certainly no metallurgical expert but Barbarra probably ties in nicely with Copperchems existing ore.... Might want to consult an actual expert on that one!
I would much rather be in bed with Copperchem than the Chinese (see IVA, CDU, CYU) and without a JV partner this one would be dead in the water so more happy for them to be on-board.
SMD Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held