RE: Blow the bl00dy doors off!22 Aug 2025 05:25
So as not to allow Fitbrokers(lying)pal to dictate the narrative, I feel it worth reiterating with a repost...
Given the apparent conservative 200,000t of Cu initially targeted, and likely 1.2% being on the conservative side too, the upcoming new licence acquisitions and ongoing drilling campaign, could blow the doors off very soon.
With the adjacent Tizert mine having over 600k tonnes of contained copper, it seems more likely than not, that the 200k initially quoted will significantly increase in the near future.
With each 100k tonnes worth 1 Billion USD on the world market, this is still ridiculously cheap IMHO.
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As an aside, yesterdays retrace seems somewhat of an orchestrated shake. With (according to LSE figures) a mere Β£13k more sales than buys yesterday wiping off ~ Β£500k off the lowly MCAP.
Despite the fantastical musings of FB(L)P, things are progressing at pace on site. More licences are being tied up, wholly owned drilling rig prepped and a promise of more info of the project with naming/mapping imminent.
I for one won't be shaken out and will be adding if they have the cheek to walk down more today πͺ