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Yes imo.
Excellent news. Anyone criticising this has an agenda.
"I’d rather have seen an RNS stating we have the TEO ready and think it’s great but because of x, y and z it make sense to postpone by 12 months to include all this additional information."
I dread to think what would have happened to the share price if that were communicated. Especially at a time when the shares were being shifted from the NRR placing.
Take the whole picture into consideration and its a big juggling act that up until I think has been carried out pretty well.
With the price of Copper reaching long term highs over the last 12 months I am glad that the extra Met work has been done.
Makes good commercial sense to me.
I agree about wanting value but imo it will only come in the form of a favourable JV or outright sale. I have come to accept this.
I'm not so sure anything else that the directors do or don't do will affect the SP to the extent some need.
At 46 years old I am prepared to be patient until those outcomes at the very least.
MD,
You are right it's not all we need to know but it is good to know.
TEO fully funded. Additional Met work recently completed. Nickel and Copper prices rising. Can you not see any positives?
" I thought the TEO was finished and only needed to be printed"
Really? You clearly didn't read the RNS's properly then that made it clear RPM were doing further studies re seperate copper concentrate prior to the TEO completion.
Another box ticked. All good.
Maybe that's the idea.
If this route is pursued I would suggest getting proof of holdings. They won't take you seriously otherwise.
Report you for what?
You don't need to commercialise the project when you have interested parties.
I'd be more concerned if we were doing marketing myself.
Agreed Hughez.
TDT,
Saw that earlier, looking good re capex and IRR I'd say.
JB,
Gotta laugh at the irony of your post.
Hi Garf,
That's if we take it to production ourselves.
However someone else with deeper pockets could find Kun Manie very attractive at current pricing levels.
Remember everything has a price and its what it's worth to someone else.
Have a good weekend.
Profitable at $6 according to pfs.
As I have already said before. Don't be out!
Hi, maybe start with the pfs rns. Gives projection of npv and cash flows.
It feels as though its being allowed to move upwards now. Hope it's sustained while we wait for the big one.