It was always going to be difficult to turn a profit without all 3 permitted and up and running. It looks like they are at that stage now, so this news may well signal the start of the re-rate as the potential is now there for the company to deliver on the big plans they have outlined.
the next step is to prove the concept, in a consistent manner, but having ownership and permits for all 3 (as well as an allotment at the mill for shipments) means they can now get to mining as much as possible!
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Ann: Metallum obtains mining permit for Paraguay, page-9
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