Pros• 1 million Tonnes of Copper with added bonus of Gold...

Pros
• 1 million Tonnes of Copper with added bonus of Gold (declining resource)
• High Grade near Surface, great strip ratio
• Cash in Bank (~$18million)
• Benefits from a falling $AUD (Profit in $USD)
• Close to Infrastructure (Power, Water, Airport)
• Located in Brazil (Cheap Labour, Less Red Tape ,Less Tax)
• Feasibility study confirms it will be one of the lowers cost producers in the world
• Has Glencore/Xstrata and Blackrock as Corner stone investors
• Pre-arranged Finance of $70 million from a government run bank & Blackrock
• Has more In ground values than SIR, CDU, Insert X here, but a much smaller MC but are ahead in the production curve.
• Already started Procurement on Long Lead Items
• Some very astute Management who have built mines before and dealt with government.
• China still growing (More sustainably and US/Europe improving)
• 12 months to Production
• EPS ~4 cents a share based on current figures apply a PE ration of 8 to 12 based on growth and Stage 2 and 3 (~0.32c to 0.48c Target)

Cons
• 1.4 billion shares on offer (Prone to Traders)
• Located in Brazil (Which is actually a positive to project economics)
• The stock market might crush like it did in 1929, 1987 and 2008.

Thats probably only the tip of the iceberg, lets call it base of the mountain I think thats more relevant!!

Name me a better specie on the ASX I dare you?