Whenever there are delays like this and poor communication to boot you cant be blamed for feeling some reservations... there's a lot of cowboys on the ASX especially in spec land... I don't get that feeling with this team but I have been fooled before.
Just need to trust your research:
- Drilling - Exceptional long and continuous intersections with demonstrated high grade core at primary deposit
- Further Growth Targets - Exciting extension targets at both Cuerpo 2 and 3 and additional lookalike target at Cortadera Nth
- Funding - Sufficient cash to get through the next 4-6 months of heavy exploration progress
- Metallurgy - Fantastic initial results with low (no?) impurities and the ability to be treated with salt water
- Location - Tier 1 Mining jurisdiction with low altitude and close proximity to ports
- Initial Income - Mining commenced on a contract basis already commenced on satellite project which holds 234mt @0.58Cu equiv. with income exptected of USD$2mil+ pa at current metal prices.
The copper price and gold price are playing their part so the timing couldn't be better from a macro perspective... just need to hope we backed the right horse.
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