29M 2.27% 45.0¢ 29metals limited

Ann: 2023 Financial Results and MROR Estimates Presentation, page-11

  1. 521 Posts.
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    1st good news is: the resources is increased, and the reserves is increased more than 10%.
    Hope we can get the following good news:
    - QLD Government approval for Capricorn Copper mine next month
    - Trade facility is signed next month
    - Production is materially increased in March quarterly report in April: highest grade ore at Golden Grove and more ore mined; recovery from Capricorn Copper mine
    - Insurers agree to pay more in May or June depending on the recovery progress

    By the way, I will not surprise if 29M get a takeover bid from 3rd party in the future.
 
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