HomeBrand.
1) true - I am sure this is being attended to.
2) The new thinking is they mmay not need one. The intention is to work on the richer parts 30- 60%Cu first for cash flow. I think this a major change in strategy that will be driver for cash flow and price appreciation.
3) (Re Cu) Admitted but drilling likely to focus on very rich portion first. The intention is minimum dilution at this early stage.
4) I suppose it's coming but with rich Cu directly trucked to smelter I am persuaded the numbers will look very good (for the early stage till cash is generated).
5) no BFS. - I would rather see cash generation stage 1 from rich Cu. Then I would rather see a few Ni hits . then may be BFS.
6) Brazil is not South Africa. Some say Brazil is as good as Australia may be better in some respects.
7) You are welcome to wait till a mining license is given before you purchase.
8) First stage of mining , no plant required. This is the essence of the early value in this stock and my belief for an early price appreciation. Please read HGzone's posts carefully.
"As these boxes become ticked you will see more upside in SP, but not until then."
You are welcome to wait for all boxes to be ticked. Usually you forgo most upside and more often than not you buy at the top in this manner. I think that is where the risk lies ie buying late.
"f you think 2.8 is a good buy, then accumulate. I see there are cheaper times ahead, in the absence of more information."
On the technicals It seems to be on an uptending line. Check out weekly. I am tempted to post chart but will leave that for another day.
I am in and will accummulate further.
Cheers.
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