I expect the MWE SP to begin its rise to more respectable levels with a re-rating beginning now.
The catalysts for a re-rating are:
1. Copper and silver production from the main Dikulushi Cutback Project high-grade ore body is scheduled to commence this month (Dec);
2. The price of copper has risen from circa $3.50lb to over $3.60 and expected to continue rising;
3. The Rebel Army M23 has left the DRC Congo;
4. The ongoing exploration program is expected to generate revised resource upgrades; and
5. The effectiveness of the new management should improve investor and shareholder confidence.
While I have confidence in the future of MWE, please DYOR to confirm my expectations.
R1
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