Leaching is complex and a risk factor must be applied to the share price as it doesn’t appear to be a set and forget process. I guess that’s mining in general but this adds another layer of uncertainty.
How they convince the market that leaching, including the chalcopyrite, will be a success might initially be when they secure finance, add in column testing, news surrounding their IP, other? The more confirmation the better for Cyprium shareholders.
A global focus on copper and research into the science of leaching the holy grail (Jetti Resources is in the news) will provide much needed exposure, especially here.
If our market perceives the holy grail is doable then the flow on effect to Cyprium will be enormous as it’s 100% into leaching, the share price will re-rate spectacularly! Their other projects then become certainties! If our market perceives it might be doable then the share price will rerate but at a slower rate.
The more news the better, it’s partly a science stock.
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