@mrgann200
Nominal copper prices might be tracking to a high, but they have a long way to go to catch up to real copper prices over the last 120 years.
I am sure that is why the Kalkaroo NPV7.5% matrix goes out to US$5.90/lb copper.
Strong gold and copper prices are set to continue throughout 2022 due to a combination of macro and micro factors, in my opinion.
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.
Ann: Mutooroo Copper-Cobalt Lode Extensions, page-16
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