RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Lundin will acquire NSU and spin-out Bisha
i think you (and the market) are too pessimistic ... until the copper-problem (there is no zinc problem) is solved NSU will trade at discount ... this is no problem for me because the value is there. NUS pridicts 0.70-0.90$ C1 costs for zinc this year based on appr. 15 million lbs copper production this year. Next xeat copper production will rise significantly .. this will lower the co-croduct costs for zinc ... the profits will go into exploration and develepement of Timok... this will add further value ...
there are some pure exploration plays out there with higher marcetcap and NO production! please let NSU do their work ..1-2 good quarters from Bisha and confindence will come back ... with timok NSU own a world-class project and the market will value this asset fairly after the pre-feasibility study out in sept-okt this year... its worth waiting..... very limited downside here but massive upside!