Well I tell you what, if they have extended the copper system to 800m with similar grades they had last time then there is no way this is flipping staying at a $3m MC with $2.4m cash I can guarantee that!
$10m MC with $2.4m cash is only an EV of $7.6m which is nothing.
They are in copper-zinc-lead elephant country there so not like they are in the middle of nowhere. That system runs down that border to Mt Isa etc.
Plus those grades are insane!
All I'll say is strap on as this could be huge today. Either way from a less than $1m EV this ain't going backwards from here!
E79 Price at posting:
3.4¢ Sentiment: Buy Disclosure: Held
