RE:RE:Oil price tells us …Hudbay has been beaten down historically due to the long lead time needed to increase mine production.
This is completed and if metal prices stay elevate they will start showing some significant cash flow and EBIT increases over the coming quarters.
The copper world PEA should be out soon and with it there will be more clarity on the expected returns from finally turning the Arizona property into a producing assets.
Not certain if now is the time to sell Hudbay, I have been in and out for some time... Got back in a little earlier this time but still believe there will be significant upside over the next twelve months...
GLTA do your own DD...