Talk about a step change. The numbers and ambition here is huge. I like a lot of what I read in this RNS especially "The Project has the potential to transform the Company from a small junior miner to a mid-tier, low cost copper producer." This stock is going to absolutely fly imho over the short-medium term. They seemed to have been quite conservative with the NPV calcs and still the numbers and additional dams in the area totalling over 30mt is a vast opportunity. Well done JN
Sounds like Mr nelson is confident chepica is a flyer! Very very excited about this company....now I wish he'd just go and buy out BMR and help me out of misery over there. Incredible potential just inept management.... Inknownlots about second time mining. I've spent 5 years of my life researching about it at BMR haha
Having read your list of positive news we can expect the answers to some of these questions were answered in the directortalk interview , 18:3:21025 . In which Mr.Jan Nelson states :
! ; we're are break even now . 2 : significant profit within 2 months . 3 : may have to return to investors for funding in the interim time but after that confident the income from Chepica will fund future projects . 4: discovery of major gold bearing reef on surface at the Salvadori prospect has a true width of 4m and to date 200m of strike-length which goes down 2 to 3 levels . Hence depth is known and the reason why it's classified as a major gold bearing reef .
P.S .... I did post the link a while back but if anyone has problems accessing it I'll re-post .
There are many other items that you could have added hence bravo for doing as much as you did . I'll add a few
!: GOS listing on a stock exchange 2: Final payment of £150,000 from Mines Global ('MG') to complete the Mejillones Phosphate Deposit sale . 3: more reefs identified at the Chepica copper / gold project with known large copper reefs on site as well as gold mentioned in directortalk interview 4: the capacity of our new ball mill and whether the purchase of a second ball mill is planned to allow for both copper and gold processing to take place simultaneously . 5: etc , etc , etc ....... lots more possibilities for good news hence I'll leave it there ..... :-)
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