Some interesting figures regarding copper production in this vid. He claims with new mines coming on stream that average Capex per ton of production (annually) is $20k. ie, 100k tonnes production rate = 2B Capex, average. So CYM's production of 20k tonnes would normally cost capex of 400M. Makes the deposits along with 20k per annum infrastructure for 60M look very cheap. No wonder Barry is still pinching himself with this deal. I didn't know there was 100 kg or more copper in a Tesla, either. Bullish copper.
Some interesting figures regarding copper production in this...
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