The Cactus as a mine looks amazing with its reserves but I just hope there's enough demand for the copper to help AL8 reap the profits. From the IPO value to the SP right now, the growth is incredible but looking at the trends of the other copper mining companies on the ASX, I'm getting the feeling that it's going to take 2 - 3 years for the SP to hit the $4 or $5 mark. I do hope I'm wrong!
If only I had waited instead of picking up my stock at $1.93 though..sigh
New Alderan Resources research, page-40
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