Plain and simple...
NSU is in a good position right now and in the near to mid term future. Bisha will be cranking out cash (using only maybe 1/3 of their total discovered property wide resources) over the next 3 years or so in the current LOM. Using current zinc and copper prices and the fact that they seemed to have found the right combination of reagents to dramatically improve revoveries leads me to believe that Bisha is worth much more than it is valued at today. 2 more comments. 1. Timok is slowly being recognized as the world class deposit it will eventually be for probably the next couple of decades. 2. My hat if off to our new management for getting Bisha up again and making this company a true producer again...