The PY3 unit is shaping up to be a monster. Massive resource...

The PY3 unit is shaping up to be a monster.

Massive resource with nice grades of both copper and cobalt, hot metals with rising prices. Bonus zinc and silver also in the mix.

Surprising at how little chatter there is on this stock considering the outstanding fundamentals, it looks to be flying under the radar.

The CR has caused a slight dip in the share price but I've used it as a good opportunity to top up my holdings. The CR was necessary as it has finally taken care of the vendor loan which was an issue in the past and allowed funding for a big and aggressive drill campaign at the end of the North Queensland wet season around April.

I'm expecting the results of this drill campaign to be excellent as their targeting should be much more accurate based on their updated modelling. These results have the potential to finally grab the attention of the market and give this stock a healthy rerate. An upgraded resource estimate due in a few weeks should also help.