Well this new copper project looks fundamentally sound and a commodity that is forecast to do very well with prices having recovered well over the last few months. If they can start producing concentrate relatively quickly we would see a good re-rate but obviously a bit of work to see if we ever get to that stage. Terms very good and no dilution is great news.
Its also pleasing to see them restarting work on the copper cobalt ground. There were some good copper grades mixed in so that could yield some good hits.
Finally, I think the best is yet to come. If they can nail a nice gold / copper project to compliment the above we could be in a good position with 3 projects on the go.
The timing of the unmarketable sale isn’t helping here but I
wouldn’t be surprised to see more good news and a run once it’s finalised. Only way is up from here imo.
Well this new copper project looks fundamentally sound and a...
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