RE:RE:RE:RE:Should I wait or should I take some off.I think copper mountain and capstone are both possible targets. The majors are flush with cash and both cmmc and cs intend to increase production to 300,000,000 pounds or more. The zone where it moves the neddle for larger cu producers. Also, with the cleaned up balance sheet, much easier for an acquirer to do so by using its own rising share value as consideration.
Question: with the recent re-fi, cmmc receives 100 rather than 75% of production. In review of analyst reports on 21' production I did not see that reflected. Can anyone clarify. I would have thought the additional 25% production would be reflected in increased production estimates.
TIA