There you go Pharrell, u do have a sense of humour !
But let's not try and get into a pissing competition on our investment into these guys. You won't win that one.
The main reason they are out of favour is that the last 8 months have been a corporate disaster show, poorly managed, probably because they wanted to repay favours or get their mates in. This is a long row to hoe and a relatively minor (I know it feels major) delay is merely a trifle in a long summer of copper joy for this miner. Unless you have to sell, the SP is a little irrelevant. Just annoying, as all on this thread would attest.
Like I said, if they plate copper in H2 23 I'll be a happy camper. Odds are they will. You seem to believe in this, but if otherwise just sell the next rise.
BTW, u know that Havilah sold their 1 m tons of copper in the ground at Kalkaroo to IGO for something like $400m this year (deal is complicated) ? Didn't spend a cent on anything but exploration, don't even have infrastructure. Just a rocky field. So, in fact, you can actually realise $ value from copper being in the ground, don't need finance (but it's a cop out imo, no goolies there). But kinda puts pay to your point.
But anyway, I digress. Keep up those robust discussions. I'm in for them lol !!
Cheers
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Price($) | Vol. | No. |
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