The drop in the USD copper price is being partially offset with the AUD dropping. Copper currently at $5.77 AUD per pound.
Based on my calcs HGO is still making $4829 AUD per tonne net, noting the gold price is also higher than the economic study and results in an increased precious metal credit of around $170 per tonne.
I wonder where those drill results that Lachlan said were a couple of weeks away at the Noosa Conference?
Maiden MRE for North and South Hub due within the next 6 weeks too.
HGO - Chart, page-34
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