Share
1,146 Posts.
lightbulb Created with Sketch. 6504
clock Created with Sketch. 08/02/24
23:23
Share
Originally posted by Dragone64:
↑
I just watched the replay of this webinar and share a few impressions here. As I understand it, a recording will be available later (youtube and other channels). Dan did a very good job from my point of view. Unagitated and to the point. The Q & A was clearly more interesting. As I understand it, there is enough cash to finance all the drilling programs over the next few months. A CR will therefore only come in the second half of the year. As always, alternatives are being sought and are possible. Between now and the CR there are plenty of opportunities to move the SP upwards. ( there are good reasons why not!). I think that at a copper price of USD/lb 4.50 there would be a massive re-rating of the project. Should the CU price rise even further - then the idea of the "hub" + lots of "stranded" deposit could quickly materialize. Then we are quickly in "multibagger" mode. My conclusion: I continue to think that Dan and the team have everything under control. It's all a question of perception . In my view, the current market capitalization does not reflect the progress of the last 12 months. The (surprise) pipeline remains existing and robust. No matter whether drilling or JV or other. If the "perception" changes (e.g. due to rising CU prices or an outstanding drilling result - gold or CU or lithium), then the SP will quickly move back towards 10 cents. My opinion. DYOR
Expand
Any clues as to why Hammer are not drilling near Carnaby at Mount Hope? The topography is a little tricky but nothing a bulldozer can't handle.
