I'm beginning to think this is one of the very few investible...

  1. 144 Posts.
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    I'm beginning to think this is one of the very few investible small copper producers on the ASX. They aren't domiciled in the West which has to be a plus, no Perth 'ra ra' club here i don't think, (unlike a few others) and from what i can see very little interest so far which is superb.

    Most juniors would have announced that Lens 6 17.9 TW result at 8.2% + AU with great fanfare....they didn't. You also have to look pretty damn hard to find them state that they will be mining from that area by June Qtr next year. Why no fanfare? Conservative seasoned management trying to build a track record of under promising and over delivering? Building trust rapidly IMO.

    Their reporting is so consistently understated as per the above. They have spent a lot of $$$ on Eloise capital and Jericho studies and are still cash flow positive. I expect the next few Qtrs to be similar to the one just gone, and then Lens 6 next year. We might even get close to 3.5 - 4,000 t a quarter perhaps by June? They even report the exact location they are getting the ore for future quarters, almost seem like they know what they are doing and are making themselves very accountable. This is very rare in my experience of this space.

    Rather exciting year ahead despite the ASX pollution from other similar miners that are underperforming or over promising or burning cash!. Seemingly very good management. And significant Director buying.

    Feels like, smells like touches like a no brainer....but could be wrong!
    DYOR and please don't trust my above witerings.
 
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