Back to $CPR

after reading the second document, what anyone should read is the capex guidance for next year, they're bas…by @julianreins_jse on $CPR

JU
julianreins@julianreins_jse·Bullish

after reading the second document, what anyone should read is the capex guidance for next year, they're basically saying copper production ramps but working capital gets hammered which is why the sp keeps getting smashed on every rally. compare that to other junior explorers sitting on resources and not burning cash like this and you see why sentiment's in the bin. long term thesis only works if copper prices cooperate or they cut spend, neither is happening soon.

View