I'm surprised that you think "good results" are already priced in. I certainly don't think "good results" will result in a SP drop. Considering the number of projects we have on the go, the potential through the program of works for the remainder of the year, strong cash position and initial Itapitanga Auger results I don't think the SP has got "good results" already priced in.
Don't forget this project isn't even the main game for this company. For those of us who bought in for Salobo, Itapitanga is purely cream on top.
Not saying you're wrong, just offering my opinion. Always good to hear contrary points of view!
Chart Chat, page-846
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42.5¢ |
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Mkt cap ! $210.8M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 5 | 149591 | 42.0¢ |
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| 42.5¢ | 8907 | 1 |
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