copper price deja vu, page-2

For the Copperco followers who did not attend the AGM like myself, it is well worth your while to tune into the Boardroom Radio broadcast released day before yesterday. I listened to it last evening and it is a broadcast of the AGM presentation by Brian Rear (CEO).

If anyone was in doubt about the quality of this company and management before, they would not be after listening. The apparent bullishness about the outlook for significant tonnage increases was very encouraging. Brian spoke confidently about the proving up of sufficient Sulphide ore to build a concentrator to deliver 20k tpa of contained copper in concentrate in future years as a supplement to the 30k tpa heap leach sourced copper cathode in prospect.

The facilities already in place are scalable to the new targeted tonnage of heap leach ore throughput and he confidently predicts output will reach 25k tpa by mid 2008.

Longer term, there is the potential to "acquire" additional production from juniors who are behind CUO in the development cycle.

There is much more in the 30min presentation to satisfy one's curiosity.

regards
DF