Monterrico Metals: When will it be taken out?

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davepower - Sun, 16 Oct 05 :

Hi
I was just looking at the over all copper picture to get a better idea of the likely future impact to MNA.

this link shows copper stock piles pretty much at an all time low in fact if I read the chart right, then the inventory is under 10% of what it was in 2002... and as if that wasn't enough the growth story of the Cu price is staggering. Admittedly there has been a recent pull back over the last week or so but the underlying picture is one of shortages in the immediate 12 months IMHO.
This story must give the MNA board an excellent bargaining advantage when doing any negotiation with potential deals on Rio Blanco.
Can anyone tell me when the extended feasibilty study for this project is due?
I believe it was moved to the right to include both of the adjacent site of harold's hill and Soho.
A good investment here IMHO.
Cheers Dave


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