the best undeveloped copper play in aus?, page-5

Them be the words of a nay sayer, who doesn't hold!

Well, I'd be a bit of a goose if I contradicted my own research.

I beleieve the capex to be conservative( laying it all on the table..so to speak)

Perhaps

"poor internal rate of return", I dont know what that means.

IRR is incredibly important in financial analysis. It is a measure of the quality of return on initial capital investment.

High sensitivity to commodity price change is a function of the current governments mismanagement and ridiculous taxation regime.

While those issue don't help, the sensitivity is due to the slim margin between expenses and revenue and significant capex.