Hi again
In the video, Lachlan said 40,000 tonnes over 3 years.
They say about $7,000 p/t to produce, and seem to be hoping for $13,500 p/t.
Copper last night closed at $4.50 lb, which is approximately $14,070 p/t.
That is $500 more p/t . Does not sound much, but over 40,000 tonnes equals quite a lot.
Hopefully, prices hold up.
Food for thought thou eh.
Ann: Activity Report for Quarter Ended 31 December 2021, page-44
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