Not sure why you keep quoting the copper price when Caravel is not even in production, or even in the construction stage. The DFS is not even due till 2024, so the copper price is irrelevant. Even if it was, Caravel need to be above $4 to be turning a profit, so at current price Caravel would be running at a loss
Caravel Copper Project - Bankable Feasibility Study, page-9
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