I am looking forward to the quarterly this week. See what's in it for Outukumpu.
Roseby options are wide open now ! I am glad that Xstrata walked away.
I had a look once again at their presentation which they gave last Thursday in HongKong. At page 16, 17 and 18 , chances are multiple ! Working on upgrading the resource size, staged development of Roseby, options for JV with MMG ?????? As long as cashflow comes in from Finland (with upscaling possibilities), they are DEFENITELY NOT with their back against the wall, as many other (small) miners are ! And with a very promising Copper outlook, our only enemy is our impatience and time.... Give it a couple more months and I think the sp can break the 0,30/035 level as AOH is freed now from the lockup of the Xstrata option.
Time will tell, we just have to be patient.
AOH Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
