I read the last ann on the copper prospect. IMO it is far too early to call this anything other than a prospect. I am in the camp of why are they spending time and money on this now when it is years away from being developed even if an economic resource is proven.
They could have started this in 18 months when earnings are pouring in. Ron is clearly a good technical guy and some on here think he can walk on water and maybe he can but he doesnt know whats under this ground.
Hillgrove should be the one and only focus IMO but he is in charge, if anyone thinks this prospect will be company changing in the short or medium term they are going to be disappointed. CBE is a good example to compare with,they have a excellent copper project ( Kalahari Copper Belt (KCB) in Botswana) and have been drilling for some years and are still some way from starting production
LRV Price at posting:
85.5¢ Sentiment: Buy Disclosure: Held
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