Why on earth are you still hanging out here, honestly?
And all your points are pretty weak:
No they don't currently have more debt, but yes, would be more debt than MC with finance, but plenty of companies starting off are that way, once finance is secured I would hazard a guess it would move to a much higher MC.
These prices are literally better than the start up study, so where did you pull "underwater at these prices from"?? And I can already see you'll just parrot "ASIC will be through the roof that's why"
Theyve been queried for price movements largely, which is very common in the small MC space...
Investor presentations are a bad thing now?
just give it a rest man, try being positive elsewhere instead of negative here, you're not adding anything
People here believe in the copper thematic, and that finance will happen. If finance is delayed, sucks but understandable as we enter recession and large scale conflicts, can't really blame a co for that!
Either way, current MC seriously undervalues the copper sitting in ground, and is a high risk opportunity if you can stand the heat
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