❤️ potential Copper multi bagger, page-139

Regarding AISC.....RL said in CRUX interview “we’ve got an all in cost of $1.61” the true ASIC would be much closer to $3.00 than $1.61——then there’s the CAPEX of US$410 where costs have ballooned recently plus there’s material shortages including a critical shortage of structural steel——and now there’s the price of money increasing.

It could be line ball as to whether it’s economical......who knows?, shareholders surely don’t.

I don’t think you’re going to see RL doing roadshows anytime soon as there’d be many questions being asked, especially around costs.

He makes it sound as if bankers will be falling over each other in an effort to jump on board, well really? This story is about RL saying to retail shareholders, trust me.

The bright news is Directors buying in recently, Hog or Hillside?, it can’t be finance related as that would be a no, no!