hi snakepitt, I couldnt get to the meeting but would be...

hi snakepitt,
I couldnt get to the meeting but would be interested in the tone of the MD's presentation. Upbeat?

I agree that it appears solid progress being made. Will be interesting to see what effect the improved flow sheet will have on the scoping study numbers for aisc etc. The new flowsheet presumably will incorporate the use of CLQ's resin in leach tech and do away with the electrowinning circuit. This will reduce capex and produce a higher value copper sulphate product (in stead of copper cathode).

I am still perplexed as to why this company is so unloved. Undoubtedly a largish capital raising will be required and perhaps this is keeping a lid on things but I still believe this one will be well worth the wait.