Well PFS comes out and share price gets smashed..again
Looks like the PFS only shows with an average of 1.7% Cu
Wouldn't the figures change massively with it at 5%
Of course with the copper price in the toilet it also looks bad..
But lets imagine a win win the copper price is $3.85lb so post tax NPV of $234 million then throw in the 5% but I know now only part of it so lets say instead of 1.7% make it 3.4%..
It looks a lot more at attractive
Worst case is the present PFS with copper at $3.30lb, I can see a lot of blue sky, I'm in for the long haul..
Please disagree or agree I enjoy a good discussion
Well PFS comes out and share price gets smashed..againLooks like...
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