As well as the Mo and Re at Kalman I am still pretty optimistic on some of their copper prospects. That announcement shows quite a bit of activity with further work to look forward to at Jubilee South and at Lakeview which may only have limited tonnage potential but may be very high grade. Its just my opinion but these look to be among some of highest grade and potentially economic prospects in the area, and Glencore aren't doing metallurgical testing on Jubilee just for the fun of it, they would have a reason why they are doing that.
I'm not too crazy about the Millenium JV area but at least its their money that they are wasting chasing up 0.2-0.3% Co, but on the upside at least the depths are reasonable. I hope they don't give up on Serendipity yet - sure they haven't found the better Au grade eastern lode but there will be numerous structural reasons and explanations worth chasing up to find this Eastern Lode with further work. The Elaine Dorothy work is difficult to evaluate as I can't find any decent maps or cross sections - looks like the area has been studiously ignored by most explorers.
Anyway - Mr Market has taken HMX share price out to the back carpark for a nice crisp beating, but I'm not too concerned about that....
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