is btr cheap compared to other copper stocks, page-2

BTR is cheap.... You don't need studies to tell you that....

What is currently holding BTR prices back in my opinion is the fact that the resource is:-

1. Primary project (Mumbwa) is in Zambia;
2. Mumbwa is mostly inferred/indicated at this stage rather than measured;
3. World Economy.

Reasons I think the SP should still be higher than where it is currently:-
1. Open JV with Glencore and dialogue/good relationship with World's biggest commodities business;
2. Near operational mine (operated solely by JV partner) and income source (39.9% of all profits);
3. Copper prices still solid;
4. Quantity and quality of drill results to date;
5. Massive expansion of drilling at Kitumba and Kakozhi (potential to grow massively);
6. Cash in the bank.