re: Ann: Discovery of Footwall Lodes confirme... I have just...

re: Ann: Discovery of Footwall Lodes confirme... I have just tried to understand this announcement in detail and they are comparing Nymagee with CSA.

CSA is producing 150'000 t of copper concentrate at 29 %. So we are talking of a production of roughly 44000 tons of copper per year. At current prices worth roughly US$ 440m.

Due do the fact that obviously HERA itself would already justify a SP of 60, 70, 80 cents or so....Nymagee on the top should be worth at least the same.

So if I am not completely wrong, the current SP is just to low. I guees a break of 62 would trigger a higher SP...technically...fundamentally I have the feeling that this is a long term investment with an enourmous upside potential.

Am I wrong ? Any opinions ?