insto strategy?, page-3

X-X-X,
$251 npv is only based on 3Mtpa & 5 years production.

As resource grows, now contained copper 2.6Mt, in sti value $20b.
Mining life extends to minimal 25 years, expand to 5 Mtpa in 5 years.

In April 2000, resource is abount 1.4Mt contained copper, Gerorge Soros bought 21m @75c.

Last year CFC bought 66m @ $1.37, and launched a hostile takeover @$1.70, although the bid fell through.

Resource is almost double, and is on production.

Current share price is definitely worthy for long term holders.

Wouldn't be surprised me if another bid coming.

Enjoy weekend!