Lone Star becomes economical at $6 pound Copper and $2000 ounce gold.
This is using an NPV discount of 12 (very conservative). Most projects are using 10 or even 8.
It's quite likely by this time next year it is economical, and if Copper and Gold continue whilst interest rates come down, it could be very economical.
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- Ann: PEA Study Completed at Lone Star Project
Ann: PEA Study Completed at Lone Star Project, page-61
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