Sophs throw $150 mill at this $20 mill MC copper play...., page-38

How can you possibly disagree? The amount of shares being issued is incredibly significant regardless of the financial position.
I sold yesterday and intend to buy back in once the dust settles. I completely agree that this is a great opportunity long term but for those who think this will just rip up now when the whole underpinning of the registrar is changing in a few weeks clearly don't understand the significance of this raise.
Instos and holders are going to sell for instant profit to reduce risk if the price is too high.

Why isn't this going up today while copper prices and other copper stocks are on a tear?
This will be great long term however I just wouldn't expect too much until the new shares are issued.