previous share price responses to news, page-2

One unintended error in that last post:

The open cut resource is in fact 87 mt not 187 mt. The resource is larger than that but that's what the scoping study looked at. That's OK actually because the contained copper in that (87 mt @ 1.17 = 1,017,900t) is not hugely more than the underground option (30 mt at 2.13% = 639,000t) .. Its 2/3 of the copper but setup costs should be lower and costs of production lower as well with the much higher grades.

So ROI and profitability of the underground option should be quite similar if not better than the open cut option. If they CAN add the the high grade resource things will be looking good,

H