Using $3.25 Cu price is ....... creative. They have even used a $2700 zinc price.
If anybody can predict copper is likely to be 50% higher in a couple of years they should buy futures and not bother with mining.
Using non-spot prices is a polite way of saying the project isn't viable at current metal prices. On my own simplified valuation model (patent pending) I see the project as borderline viable.
Ann: Jervois Pre-Feasibility Study shows strong economics, page-3
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