just gonna put it out there, while copper sits below $2.30, the company are probably in no great position to negotiate a strong financing deal on Oman, and may instead be saying to their financers "thanks, but we might just keep plodding along and wait for a better offer".
zinc on the other hand is in a clear uptrend and has more urgent fundamental pressures underlying it.
it really wouldn't surprise me in the least if we were to find out that the Khnaiguiyah project pips Oman to the post in this hair and tortoise race.
AUQ Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
