Wiser heads at the helm now that Barry Mango Mambo Cahill is long gone.
Creating early cash flow from the existing heaps - with minimal outlay - is 100% the way to go.
In conjunction with a clean up of the balance sheet, as previously mentioned by
@RockstarJones & the market will wake up very quickly that this remains - by a serious margin - the most undervalued/best Australian-based copper development play on the ASX.
And the copper price is flying & closer to US$5/lb than US$4/lb. That $1.50 margin I mentioned a short while ago - when sharing my back of the envelope numbers - is indeed proving to be a conservative margin estimate.
Tip of the hat to all those investors who refused to throw the towel in. The equation is: decent asset + sunk capital advantages + minimal/modest capex to restart + quality management. The only thing missing here has been the latter. Zero margin for mistakes right now. Matt & Co must methodically execute their revised strategy. All the other pieces are in play.
I'll be doubling my position shortly.
GLTA.
