Like last time the price ran up it was insto money driving it, somewhere to the 55% of total SOI.
Now that the PFS is out, and a formal document, these players can value it more accurately and by the looks of it up their stakes from sub 5% to plus 5% so we can see who's stepping up
If you have a good look at the detail in the PFS the mine design and layouts are all being done in accordance with satisfying the Federal Mine Permitting approval criteria.
That is the key focus in tandem with extra high grade tonnes from Pinafore etc and any upside surprises from the exploration.
Do it to the required level of detail from the outset and do it right once.
Let's see where the new floor goes up to in the next 6 months.
Now to see where Copper price settles in the allowed time frame between now and end of 2025. Everything above $4.20/lb is just gravy to to bottom line.
NWC Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
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