fat prophets buy recomendation

Fat prophets have cuo as a buy in their latest report.
"Copperco represents the ideal way for members to increase their exposure to copper at a time of firming prospects for the red metal. With most of the worlds major producers struggling to keep pace with surging demandfrom China, we believe this new producer is commencing production at just the right time.
In our opinion the pause in the upward share price trend during the past 6 weeks has been a positive development for the long term outlook and we anticipate prices to extend above the july high of $1.07 ."
The report goes on to make comment on the sub-prime fallout and the result on shares in general but points out the World demand for copper is bieng outstripped by supply and their concern that global mine output will lag growing demand from the surging economies of China and India, noting that major mining companies have reported falling copper production, with Teck Comino Ltd reporting a 15% drop in output and Rio Tinto a 10% drop.
they go on to say......
"The company flagship project is Lady Annie. It is a large, high grade oxide copper resource and will be the first new metal mine to come on stream in QLD in a decade and is only one of a handfull in Australia.
Currently, Copperco,s total reserves stand at 16.4 million tonnes grading 1.0% Cu, for 142,160 tonnes of recoverable copper and With site operating costs of US$0.70 AND CURRENT spot price of US$3.30....
The project has been funded by a combination of debt and equity funding which should be payed of fully within 2 years.
Copperco,s initial production of 19,000 tonnes per year will be increased to 25,000 tonnes next year.
At present copper prices this will yield more than A$1 Billon in revenue.!!!!!!!!!
Copperco has also embarked on a $10 million exploration programme this year and results of resource estimates are due in September (Flying horse.),october(Lady Annie) and november (Anthill).They are targeting a copper mineral resource of at LEAST 30 million tonnes and would lead to production increase to 30,000 tonnes anually."
"Copperco represents a high quality emerging copper opportunity that should see SIGNIFICANT re-rating as production commences.."

Hope everyone is loaded up as this will likely see a jump with the fat prophet members onboard over the next few days. I think in the envoirenment that we are in, those miners that are close to ramping up and big income streams are the likely ones to be favoured by investors.
cheers to all holders.
Phil.