iShares Edge MSCI Wld Mntm Fctr UCITS ETF USD A IEMMF

RE: catalyst coming?

[basemetal]

Mines cost money (cash). I am impressed with the Spain copper property they bought for shares, retaining cash to finance mine- building, no doubt. I seem to recall that the IRR for this mine is 23% at copper prices well below current prices. THAT is what IMN's cash will yield when it is put to work. In the meantime (only) it is "in the bank".