Hi Erichmj, There will be different techniques used to produce the copper and nickel this time round, therefore my comments about being cash flow positive and a profitable mining entity.
I understand people have been burnt big time, but the company is sitting on a huge stockpile of material ready to be converted using heap leaching, giving a better recovery rate of metals.
There is limited downside in the share price now (close to a record low) and plenty of upside potential.
FXR Price at posting:
8.6¢ Sentiment: Buy Disclosure: Held