Puts Kalkaroo and Mutooroo (both owned by Havilah Resources Limited (ASX: HAV) into perspective.
Interesting that Terra Studio did not include Oz Minerals Limited's West Musgrave copper-nickel project (ASX: OZL) or Copper Mountain Mining Corporation's Eva copper-gold project (ASX: C6C) Australian copper mineral resources on the Bubble Chart below.
Source: Terra Studio (19 January 2022 Tweet)
The objective of Australian mineral exploration is to find a highly profitable ore deposit, regardless of the copper grade. Low-grade deposits can be very profitable, and some high-grade deposits are unprofitable.
Cheers
These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts
Copper Peer Comparisons (Undeveloped Projects, Ore Reserves, PFS or FS), page-60
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