what we need for a higher SP? it's really simple...
..shareholders are dissapointed right now , but:
1. a robust Timok UZ- PEA in Oktober
2. stable production of zinc+ copper conentrates
3. cash costs for zinc at the lower end of guidiance (comes with better recoveries and lower mining costs (smaller pit)
4. maybe success at exploration drilling (as a bonus)
5. high base-metal prices (could stay high for the next 3-4 years)
6. new near-surface satelite-deposits at bisha
7. a longer-term solutiuon for the metallurgical challanges at Bisha
8. a good Q3 quarter (we know they will buy some equipement but this is a negative factor only in the short term) ...if the production-numbers and costs are OK the investors will be more confindent for the coming years..
..there are some catalysts and i'am sure if NSU is able to reach some milestpones the SP will recover from here to minimum 3.50-4 CAD as a first target.