They are trying to get the ducks lined up.
I believe they had Anglo as the likely offtake partner and funder and Anglo were going to take all the output incl. zinc and other metals. However Anglo are only setup to take the copper so a deal hasn't happened.
It will be interesting to see who they get as the offtake partner.
There was a fund selling down late last year and that is what has driven the price to these lows. I am pretty sure they would be gone by now.
I thought it would have stronger now but has drifted down on light volume.
They still have a shortfall from their recent raising to place and hopefully some news will give them that opportunity soon.
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