They are saying, middle ground, 27,500 t of copper per annum- current value $242m US. Do you get less for the concentrate? Probably? Opex of $4US for 1.5mt- $6mUS, they are saying. Transport you are saying $5mUS. Admin etc. Hugely profitable in theory! Even at $8/t opex still looking at $200mUS/ annum net operating cashflow. ?? Have I got that potentially right?
Ann: Storm Copper DSO Potential Confirmed, page-15
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