i think..21 Feb 2019 15:24
its unlikely, although possible, that NM will delay the proposed PEA for this quarter.
Makes sense for it to come out before his presentation, lets hope so, give him something different to present :-)
Also could explain why we haven't drifted down recently, pretty stable around 37p, for now lol
I find it very encouraging Newcrest bought more at 40p recently, as well as the obvious BHP stake increase at higher price.
With Newcrest sniffing around Cornerstone things could get interesting there too. Pretty sure Newcrest don't have the funds to buy us out on their own, but with another major interested could be the perfect combo? what do people think the chances of a BHP/Newcret JV happens.
Personally I think we will get an offer form a third miner, sparking the bidding war, wouldn't that be juicy.
Its fairly consistent among the experts that copper will be sought after over the coming decades re supply and demand, and the price should rise, especially as the demand for electric vehicles comes into play , I've read a few articles recently to that effect.
Come on Nm, lets have a surprise :-)