In terms of whether to play on or fold, which this all revolves...

In terms of whether to play on or fold, which this all revolves around is whether there is much downside from here, there's absolutely no point in spending time wondering how we got here.

What is the worst case scenario?

to me, that will be reflected in the deal Duffy can organise as regards a tie up with whomever is going to develop the prospects and build the mines. A poor MRE / PFS will be done at a sub 1c deal, but unlikely to be less than the current SP.

With a growing interest and improving outlook in copper / gold, I believe we will be way better than the worst case. I like that the exercise price for the upcoming options is set at 7.5c, which is a very bullish case and requires a 12 bagger from here.

So say that's the best case and pick somewhere in the mid point between the two - conservatively somewhere in the region of 2-3c.

Regardless of the position on the range, anywhere north of now means it is a buy and with a current MC of $23m, you have to hang in there and subscribe.

So, time to butter up the Minister!!!

Good Luck gentlemen,

Wazz