Upcoming ten bagger, page-18

While the spot Cu price has dropped a tick over 10% recently, the Botswana Pula (0.105 to 0.095 -9.5%) and the Aussie dollar (0.80 to 0.74, -7.5%) have had similar falls. Everything needs to be looked at in totality.

Exploration success not the Cu price will drive this one IMO. Would be good for mgmt to give their theory on the geology of the area and why they think the land packages may be prosperous.

Some big labour negotiations coming up in Chile (>30% global Cu production) and Peru - keep an eye out there for impact to Cu price.