Copper Mountain has created a mess for itself and it has used AOH to leverage its way out, by grabbing onto the lifeline of the cash capital that AOH had. It was a money grab. That, and the abject undervaluation of the assets that AOH has in the ground which means they got AOH for a below basement price.
A shameful situation. That, the current Cu price, and the moves with personnel cannot fill anyone with any confidence. But it's me who has to explain more?
People with any nous about this situation will understand how this is adding up.
C6C Price at posting:
$1.16 Sentiment: None Disclosure: Held
