Every mouth-breather ranting on about SFR "overpaying" for MATSA seems to conveniently ignore the absolute lack of global copper projects either A) available for purchase at all, and B) in the pipeline to actually come online in the next several years.
Read pretty much any supply forecast report and they all talk about any potential new copper projects being in harder, more expensive, more risky, deeper, and overall less profitable jurisdictions, and yet people conveniently focus on the price of the mine relative to "right now" in a period of depressed copper prices and obviously overdue slowing economy as interest rates rise.
MATSA has long life of mine and it's not like it's located in Sudan or some other ridiculously dodgy province, SFR bought it at a time of high copper prices and paid a relative premium for it with the eye towards longer-term copper supply deficits, not a 1-year timeframe, lol
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