Agree the announcement today was good and businesslike. For me the unexpected item was the development decision will be based solely on the copper/gold concentrate.
Seems odd as the metalurgy was long sorted and presumably largely optimised for all by-products in the 2008 BFS - which had by-product production as an integral part. Todays announcement stated that: "Additional revenue may be achieved through sales of other products Zn Co Ni S". This sounds as though by-product production is uncertain and now optional(so presumably marginal). Didnt like this bit, but time will tell.
Has had a good bounce off the low.
URL Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held