Iron ore (Jambi) at multi-year highs, gold (Salobo) now at US$1340, copper on the rise and a free-carry JV in place at Itapitanga, so two questions:
- why are we still stuck at 6s and
- who are the plonkers selling at 6s each day?
IMO, two catalysts will take the brakes off this:
- Jambreiro sale/JV (with plenty of money up-front)
- Salobo licence
I'm confident in management and am pretty sure we'll get both, but let's hope it's sooner than later.
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