Top picksOn that note, his first pick is minnow Kopore Metals (ASX:KMT), which has a market cap of just over $6m at a share price of 1.1c.“The reason we like Kopore is we think it offers exposure to large-scale deposits in the Kalahari copper belt,” Miethke said.“They’re next door to MOD, which has been subject to Sandfire’s corporate takeover.“It’s the cheapest small cap copper explorer on the ASX. We think there’s a lot of headroom upon any discovery or hint of copper.”The Kalahari copper belt in Botswana is highly prospective and home to some big emerging mines.“In the Kalahari copper belt, you’ve also got obviously what’s happening with MOD next door, but then next door to MOD is Cupric Canyon, which is a private equity group that has received finance to construct their mine,” Miethke noted.“It’s put a lot of eyes on this part of the world, which has been heavily under-explored and offers exposure to large deposits. So as a leverage play we like KMT for that reason.
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Mkt cap ! $2.019M |
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