buy buy buy, page-21

Except this time they are not spending $350m on stripping back Century and another $300m on completing P Hill, and having $600m of loans due. I cannot see how they could be having cash problems. Even I would find it difficult to spend $1b that quick!!!!

The sp is undervalued by about 25%, but this is Mr Market. Look on the bright side, we are not the only copper play that has devalued. Look at CDU, SFR, PNA, EQN. They have all dropped in the 20% to 30% band.

there is not much we can do about it.

HT1