No downside risk and huge upside @ BAYNo downside, just lots and lots of copper sitting at or on the surface. And a massive anomaly to drill below the surface. Good place to be as copper price go up.
With the soon release of the 43-101 MRE (bit lower than the 205000 t of Cu JORC) we have a very solid ground in valuation, 10% of 2 billion NMV is 200 Mio, 80% for AW1-160 mio and min 40 mio MC for BAY in the most conservative case IF WE FIND NO MORE COPPER, and we know all thats impossible...