FND: arguably the cheapest emerging copper producer. Raised $21mln at 28c - Tranche one completed (for $7.86mln) and Tranche two for +$13mln should arrive in the bank soon. The project needs $110mln and financing shouldn't be a problem given the bullish and strong outlook for copper with estimated cash cost at $1/lbs which will give it a free cashflow of +$130mln or an EBITDA of less than 1.
KAS/VMS/CSD: are flying on tin.
CXS: under my radar, suddenly up last two days after got stuck at mid 30s for a while.
Oh, and Rare earths are having a field day. given what happen with PEK, i decided to bought some GBE.
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