I share your sentiment that there is no project out of the ASX copper juniors which can match the future potential of what's here. And aside from the frustrating issue I shared earlier, I remain a buyer because I think the potential is massive.
They've been hard at work expanding infill drilling for resource expansion which imo is now the most important thing for us. A specific poster here was trying to plant fears of a raise about a month ago and while it's an easy prediction to make since a raise is inevitable for any junior mining company, the timing of it will dramatically change how it turns out.
All of the news flow of this year has not really done much in terms of the speculative lassonde curve, but the 22,000m+ of drilling certainly will enhance the resource and with the copper macro in our favor it can only be bullish for the SP. Which would make a raise much less painful for longs.
I don't agree with the sentiment that a raise is immediately coming, when we have such good odds of meeting the taurus target and a large amount of next year is prepaid. On the other side of the argument @camban has been raising a few good issues surrounding things like communication which are important because we don't want to allow fuel for those relentlessly downramping. The whole idea of a leaky ship here got pushed by the downrampers and when they're right about it, it gives them credibility even though the original person posting it was trolling. I don't believe the leak comes from within the company but they need to find out who's talking because retail holders get pissed when the SP moves before announcements.
Then again, would people relentlessly downramp if there was no opportunity at all here?
AW1 Price at posting:
10.0¢ Sentiment: None Disclosure: Held
