On the flip side to this, we have these bullish points:
- MRE expansion (open in all directions so pretty likely)
- Scoping study due
- Copper fundamentals extremely strong and likely to underpin a movement upwards towards 5 a pound
- Exploration upside via potential feeder zone as well as more surface zones
I think the options are a bit of a gamble which is why I'm not really going anywhere near them, but I would also not be counting them out. There are plenty of potential catalysts from a geological perspective that could easily make them come good. The market will react very positively to even a sniff of the feeder zone that has created these surface deposits.
I am very keen to see more detail on metallurgical work but from what we know now via napkin math it should come out really positive. There's an interview with Thomas where he talks about how easily amenable to mechanical processing the orebody is.
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On the flip side to this, we have these bullish points: - MRE...
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