So over the course of BTR's history we've seen SP nearly at the $4 mark and many people believe that is where the long term target should be if not higher.
With a return of high volume, recovering markets and copper estimates pointing northward, what more would need to happen to see a return to the $3+ mark for BTR? Would market sentiment alone be enough to carry it on the back of a highly positive PFS?
What would the contents of the PFS need to include/tell us?
My personal view, is I'd like to hold BTR until it realises it's full potential as a mid-tier miner. However, would a highly positive PFS for Kitumba see it become a tasty target for acquisition? Possibly? Would that be enough to carry the SP into the realm of previous highs?
Take a look at the charts below and see how the volumes/prices stack up against each other...
BTR Price at posting:
50.5¢ Sentiment: LT Buy Disclosure: Held
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