Good to see some optimism, but let’s not get ahead of ourselves….
hopefully Baz and co can build on this momentum with a finance announcement in the coming week or two.
when the SP was at 52 week lowsn I blocked out the price movement and focused on the fundamentals, now the price is rising we should be sticking to that…. The off-take deal is great and seems a lot more solid then the Glencore announcement but cool heads must prevail, we need the debt funding sorted ASAP.
In positive news for those with spreadsheets run a $5 copper price through a 25 year mine life for nifty and see what the NPV spits out at!
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6 | 1132117 | 0.043 |
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Price($) | Vol. | No. |
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