Ann: Nifty Copper Project Restart Update, page-63

Were we not told this heap leaching would be cheap to do, and fairly quick to set up??? It's been slower than a blind snail so far and the budgeted cost looks like a major plant cost. Nobody is going to provide debt capital for this risky venture and take most of the financial risk for interest only. It has to be done by tapping the punters and in this market, don't hold your breath. It looks very like it's going to founder before too long. The punters capital has been burnt up and nothing great to show for it but potential. I got out at a loss ages ago from a bad chart and am glad to have dodged this bullet. Better a small loss than a big one. With thew SPO at about 7c they would have to sell about 5 billion new shares at 5c, which is never going to happen. Asti la vista, baby. So sad.