Crude has gone up 100% in price since 1968 (less if you take the OPEC oil price spike in the early 70s )
Copper has gone up 900% in price since 1968
NW passage is now open 3 months of the year
Both the improved differential in price between Cu and WTI (crude) and the longer opening window for bringing in oil/diesel (the biggest cost) and shipping out Cu means cut off grade has gone down which makes the argument "grades in the ore body have not changed " irrelevant
Ann: Rae Delivers Further Cu Results with 90m@4% from Surface, page-101
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Last
2.6¢ |
Change
0.001(4.00%) |
Mkt cap ! $63.39M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.6¢ | 2.5¢ | $102.6K | 4.086M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2799753 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 3374154 | 12 |
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| Last trade - 16.10pm 11/08/2025 (20 minute delay) ? |
| WCN (ASX) Chart |