You got a like for that but I think the reason for the laggardly sp was the perception that the last raise was at a sp yearly low.
I read it as a determined move to prove what JH and Jvvr has always suspected and doubled down here.
They must have substance to be able too raise the amount they did.
MTR BOD must have had the same thought, the MTR RNS's support my theory. Assured confidence.
It's true many investors want to see revolution rather than evolution but other battery metals imho come with much more risk. imho copper investors are like the shovel salesmen in the great gold rush.
I've stuck with long term forecasts regarding future copper grades declining and the coming supply crunch. Add to that the demand curve moving ever upwards...we are in at very special time, well ahead of the crowds.
The weakness in the current copper price will be relatively short lived. Failing that it will set up a violent rerate in the future when the supply demand issues enter the investing consciousness.
The longer the slump the larger the bump...
The whole Kalahari copper belt is likely to catch attention now, KMT also released their Ann. today.
This is only the first AEM target and there's a district of them out there!
ttfn
MOD Price at posting:
44.0¢ Sentiment: None Disclosure: Held
