Sargent,
Thank you very much for your post.
Over the weekend I have the chance to reread and reread the AGM presentation, Capital raising and review the comments on Hot Copper.
I am happy to hold. I believe we have a committed focused board we have a 1.5 year pay back on App $55Mil that’s impressive with interested parties.
The Board has been able to raise $710K at $0.55 from sophisticated investors with a $0.10 option in 12Mths. (It is interesting to note there is no mention of a Broker in the capital raising announcement) so I would assume the Directors have promoted the raising, putting there reputation on the line.
Delighted we are in Tungsten not Coal.
I must admit $0.10 in 12mths is OK by me.
Hot Copper could be trying to Micro Manage CNQ and maybe its time to let the Directors do their job by accepting the Tailings output and relaxing.
Please DYOR
Sargent,Thank you very much for your post.Over the weekend I...
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