that part is huge in my opinion. With the copper demand and prices already, 50c rise isn’t huge over the time til mining and could possibly do that multiple times by the time it’s out the ground.
since 2020 it has hit almost $5 and currently sitting at approx $3.8. So I wonder what price a deficit market would bring, surely $5+?
Ann: DFS Update - Caravel Copper Project, page-4
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