just quoting, page-119

  1. 30,924 Posts.
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    "This increased capacity would allow for the treatment of the lower grade ore and the sustainability of profits."

    Really? I doubt very much that it will be profitable at today's prices when it moves to the lower grades after ten years. Profitability is pretty marginal after year 4 or five at today's prices after they've front loaded the grades in the initial years.

    Increased capacity requires huge CAPEX, and increased running costs for less copper per tonne processed.
 
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