Good point there @Deme (previous management NPV vs capex). Matt mentioned that in his recent podcast
This is a great announcement and not what we were expecting. We're all waiting for the SX-EW restart and got this one. The great news here (apart from the good financial metrics at a conservative copper price) is it being run as a stand-alone project. 570k tonnes of copper is about AUD $9 Billion worth. Don't forget about the near term heap leaching of the 91k tonnes (AUD $1.4 Billion worth) that will be requiring minimum capex and is ready-to-go.
Great news, well done Matt and team
5 days till AGM
Ann: Nifty Surface Mine Scoping Study, page-13
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