anyone thinks 90c is entry point ?, page-6

90c NPV etc

I hold enough shares but if it goes back to 90c I will take some more for sure. Bounce at the end so not sure whether anyone will get the opportunity to pick up below $1.00

People are talking about 90c NPV, but under what assumptions is that;

1. Total Besoto resource? This has not yet been fully established for the undrground operations and deposits are open at depth.

2. What copper price?

3. What exploration potential factored in? This is where the big returns may come from (and we should not forget about the Nickel assets). Why does Soros take a big stake in this company, I doubt it is only for 90c NPV.

yes as always some people get carried away and drive share prices up very quickly on short term trading bets but these will always unwind and bring back the sp.

There has been a healthy correction here but prospects are extremely good so current sp should be used as a buying opportunity. Next bounce will come with the Besoto funding package whenever that is.

BR
Max