This is being hit by a flat copper price, uncertainties in global markets principally led by Russia and China and people being clobbered by inflation. In a low interest environment this would be over $1.50. Certainly not $10 as predicted by some. Peoples focus is on managing mortgages and paying bills not on the potential of mining stocks.
The results to date are very positive but greater headwinds are holding this down . Potential to go lower but worth riding the storm if you have the patience.
Even Mac bank had a valuation of $1.70 and they never get it wrong.
Ooops spilt my coffee
Ann: Mount Hope Strikes 116m @ 2.1% Cu, page-69
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