yeah, i dont see 7m mc PUR as a hurdle it wont jump over. (5c)
Im not a trader, so more comfortable looking for where i see value. Then wait for the market to catch up.
I do have an exit strategy to free carry, that involves evaluating PUR achieving its peer balance.
Doesnt bother me if it pulls back on the path ahead. Profit takers, v new longs.
Plenty of newsflow - suggest it worth a read for all HDY holders looking aside.
DYOR not investment advice.
PURs closest peer is TNO, both high grade concentrates looking at DSO of concentrate as a first cash flow step, than doing the large capex V205 flake plant up front.
HDY Price at posting:
0.4¢ Sentiment: None Disclosure: Held
