On top of this, looks like a long winded tough time for shareholders over the last period. And typically i try to calibrate myself using the charts to help gauge sentiment.
To me it looks like it could be close or near the major bottom on monthly time scale.
As i mentioned people should factor some risk in the figures and the con-notes, capital fully diluted market cap should be considered. And that can be balanced with a conservative/reasonable copper price (noting its higher and expected to rise) and only a 6-7Y LoM.
Even with that 28% MC to NPV for an aus based copper project - which can be in production in H1 next year with finance is not a bad proposition.
For new shareholders outside looking in it's fairly robust economics, not a high MC, decent jurisdiction, management team have a track record in the field. Can appreciate that it's been a tough pill to swallow for current shareholders - but i always try to look at shares from an outside perspective. I think they will see a S/P that's dropped due to delays and watering down expectation but a decent value proposition as current.
With that logic in mind my sentiment is updated to buy reflecting my actions today. I'm the centre-point buyer this morning.
SF2TH
CYM Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
(20min delay)