BREAKOUT at 5.2c Started ., page-13

Big wall on 6c..

The firm is valued at 100mil market cap at this price with.. 18mil NPAT (with 32,500 tpa), or 12mil NPAT (with 25,000 tpa) gives 12-18% return.

Copper needs to continue rising if this rally is to be sustained.  Otherwise its back to 5.1c


Disclosure: Not held, dont plan on holding until a better return is available 15% is not too attractive.


Even though i dont hold. Thought id give my 2c's worth, its helped a lot before.  I know the company quite well.