Agreed, Spot price of copper is irrelevant for a company that won't be producing in the next 3-4 years. What is needed here is i) Drill results; ii) Metallurgical results (if there is further testing required) or iii) permitting and land acquisitions to consolidate the resource.
Very interested in the drill results, I am assuming some of the early targets didn't hit which is why they haven't released any results but we are all big boys here we understand that exploration is difficult. There are plenty of targets on the property...
Need to grow this resources to +20Mt imo, 1.2Mtpa plant is good at these grades but there is a step change in EoS above 1.5Mtpa. Also need some exploration sizzle to keep the market interested while they work on the DFS in the depths of the Lassonde Curve. Would love an exploration update guys.
NWC Price at posting:
2.0¢ Sentiment: Hold Disclosure: Held
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