Ann: Recent Drilling Intersects High-Grade Copper, page-30

Mate, quite surprised by the over reaction.

Antler numbers are out which is a robust project, they have more (at high grade) ore to add which gives good upside torque to the feed they process. Its all in the pfs. Higher grade or higher Cu prices.

If we'd hit nothing and had no chance of adding more i could see short term people tipping out but we have hits and are adding more to the total value of the project.

The only question you have to ask is, what has changed in the value proposition from a few weeks ago to today?

In hindsight it will all be clear but atm the reaction is pricing a high grade development play like its a one hit wonder junior explorer.

Gotta ask yourself does that make sense?


Like i said before, my guess is we have some folks on the register that may not be supportive as they say they are?

Companies like CBUS dont get in on SP trends but run the ruler over the value proposition.

Should be an interesting quarterly.