copper price, page-13

Also interesting to note that majors such as BHP have curtailed all cap investment in developing new mines or increasing the capacity unless it is in Potash or Copper... why only these two? ... Because they obviously see major supply side weakness and therefore implied price strength in copper and potash over the mid /long term.

From memory AVB stage 1 all in costs are about $1/lb current spot price at the time of writing is $3.215 ...So yes AVB will be amongst the lowest cost and most profitable producers in the world.