market cap $130m (heading). , page-32

I topped up again this arvo. Thanks to shorters and panic sellers my buy price avg is now below 0.68 again.

Not every resource find turns out to be the biggest undeveloped open cut in the country with handy port access and low costs of production....someone will do this mine someday. If the BFS improves the resource and if the metalurgical processing tests prove the processing costs and methods are valid then that will be the point where dramatic SP gains can be expected.

All mines have risks, when copper is $3.71 and Iron Ore is back up at boom levels this opportunity IMO could be a great one.

If resource supply can't meet demand and prices are healthy then a mine with C1 cost of $1.20/lb is going to be a worthwhile prospect for investors and if price gets to $4+ per pound then this project could even be self funded via the bond market and still do very well..

Good luck to all.