Kanmantoo Copper mine ready to go ? For real ?, page-106

Worth remembering.a recession is a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP over two successive quarters. Sounds like a bit of bad weather not an investment event worthy of a special mention on the front page.

Not an investment shattering situation in an environment where Governments have learnt about Modern Monetary Policy.. Might have to tighten the old belt and switch from Shaw and Smith to Phillip Smith for a few days to compensate.

Lets hope it starts soon and is all over by the time HGO starts producing copper.

Price up a bit today sitting at Au$ 12,449 with futures contracts at higher numbers.
Looks like we are set for FID with or without FIRB approval with Freepoint support and 50% hedging in the bag.

I have been staved for time on my research but noticed with interest that ES2 isn't even based on the latest MRE that increased the Nugent resources. There is also Spitfire and North Kav to be added to the mine plan before the real deal for Stage one is announced.

I have had a quick look and it seems at current prices and a stope mining cost of $30 (Lachlan talked about a range of $25 to $30) the cut off grade could drop from 0.6% to 0.4%.

Filling the plant is certainly a possibility at these prices.