Check out the link below - the latest investor presentation currently being delivered in the eastern states.
Basically, the Ann Mason deposit is low grade, but massive. Based on todays figures, it has the ability to return $23,000,000,000 over a 34 year mine life, producing 130,000 tonnes of copper per annum.
Plus they have cash in the bank and only 135 million shares on issue. Intense drilling program happening now to firm up Ann Mason plus a seperate iron/copper anomaly.
Its a speccy, but the upside could be amazing. In the last few weeks someone has been chomping away 100k at a time.
