I don’t think under $4usd is close to previous highs lol. You can’t compare historically like that. Everything has to have a constant uptrend because of inflationary pressures and AISC increasing year on year. If we went back to some of those lows then every Cu mine on earth would have to close because they would be operating at major losses. Best to focus on recent 12 months imo.
Ann: INTERIM - ORGANISATIONAL CHANGES, page-11
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