what’s your estimate?and CAPEX?
The best way it to compare a similar open pit copper project in Australia, like Little Eva by Copper Mountain Mining.
Here is their estimate for their NI 43-101 technical report. If you read section 21 and 22 you will find that the Hillside estimates are not far off the mark. A little higher in some areas, a little lower in others. Little Eva has HPGR, lower strip, lower head grade and is in a remote location.
So comparing the NI 43-101 from Little Eva tells me the numbers from Hillside 2020 Feasibility Study Update are in the right ball park. Other than that, I generally stay away from investing in industries I don't understand.
untitled (cumtn.com)
❤️ potential Copper multi bagger, page-150
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