G'day Pokerface,
All of this drilling is gonna chew through the money, and if Mt Hardy doesn't deliver they will have to do a CR when demand will be virtually non-existent and therefore at a much lower price...7-8c? Don't forget, the market isn't really enthused by Mt Peake; it's all about the Cu for now.
So there is certainly an argument for doing at least a small raising of some sort now while the speculative demand exists.
JIMO
we are on the cusp of something big, page-8
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