Don't remember the exact timeline Brett, I do remember the $80m worth of early NCu sales. "well over 100,000 tonnes" at 10% would get us there.
On page 45, I noticed the following.....
"The accelerated mining schedule indicates copper output will almost double in the initial years"
Do we have the 1.23% of the measured resource doubling, or is it the 2.2% CuEq doubling in the initial years. Higher copper grade is associated with higher cobalt grade at Rocklands.
If the 2.2% CuEq is "nearly doubled", then we are talking 4% of 3m tonnes or 120,000 tonnes CuEq for the initial years.
That would give a cashflow of the companies current value each year in the initial years. I don't think I'll be able to buy any for under $1.50 from now on.
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