MNE 5.26% 3.6¢ metallum limited

Ann: Metallum to acquire the Kopore Copper Project in Botswana, page-57

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 8,493 Posts.
    lightbulb Created with Sketch. 69
    Ha story hasn't even begun yet, people have got a bit excited early but give it 3 months and you'll be wishing you loaded up at current levels-

     1. The copper price appears to have turned a corner and Kopore will be pitched as a new wave of copper opportunities that will inevitably come as the price starts to touch $3 - it is just ahead of the game.

     2. Even the big tonnage low grade plays such as Cupric Canyon's Banana Zone will start to become economic at $3.

     3. The Cupric Canyon Zone 5 resource is excellent and Kopore can easily lever off this in the early days from a news perspective.

     4. Kopore is the missed MOD opportunity. Many investors looked at MOD for a long time and then didn't invest as they thought the company had stalled, then they hit T3. Kapore is a chance to have another crack.

     5. The whole story about MOD dropping those Kopore leases BEFORE they discovered T3 is a good one, they might not have been dropped if they understood the geology like they do now. The Botswana requirement to spend or drop within a relatively short period of time also plays well into this.

     6. Having an ex Cupric Canyon Geo (David Cattrell) on board is also a huge plus and a good story can be wrapped around this. Grant Ferguson and David Reeves have extensive African development experience.

     7. Cupric Canyon will drop most of their ground and commence mining Zone 5 asap. The plan is to IPO Cupric Canyon in a couple of years for huge $$. Just remember Discovery Metals had a legitimate bid for $800m in 2012, Cupric Canyon is Discovery reincarnated.
 
watchlist Created with Sketch. Add MNE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.