A 2-3 year mine extension straight off the bat negates any tax rise impact from initial PFS results. And still the meaty exploration targets to come..
Below is a recent chart of copper (HG). Been 2 decent shake outs in the past few weeks. If the broadening megaphone pattern breaks to the upside then we have an interim price target of mid 3.60s - which would be 20% higher than the figure used in the PFS. Longer term the chart has a nice rounded cup bottom with recent handle forming over the top - projecting a price target of over $4.
NZC Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held