copper confusion, page-217

RDQS5RCC - I believe you are correct !

Dossa where is the conjecture in this picture . ? A $3 dividend on a $3.50 stock represents almost 100% yield buyers should be falling over themselves ( their not ) Even at MPS,s $1 estimated dividend CDU should be at least $8 with a 10 year mine life.

Quite obviously the market doesn't believe there is that much missing copper - At $3.50 the market appears sceptical of even the verified JORC number 30mt at 1.7% - Perhaps they dont think the Cu Eq numbers for the cobalt will be achieved.