Our copper is hedged for awhile longer so on paper it won’t effect us for you’d think unless the copper prices continue to tank past when our hedged tonnes are met.
HGO was at highs when copper was $3.80. Not exactly what price copper needs to be to make the mine worthwhile and then a profit I haven’t looked into that, maybe someone here has?
Of course the share price will drop though throughout this with its ups and downs and follow the copper trend, but this recent copper drop will not effect our books. We just need it to be stable and a good price in the near future.
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