Not surprised the punting crowd “sold the news” as this MRE has been a long time coming with expectations of “large scale potential” well telegraphed to the market. What comes next? What is proposed will take $$$$ so interested to see whether they go alone or JV. Being porphyry eats a lot of capital and the copper processing would require a stand alone plant (should the resource warrant it). Still early days and the market loves sugar hits to trade stocks. This one appears to be a slow Burn (excuse the pun).
LEX Price at posting:
25.0¢ Sentiment: Hold Disclosure: Held
