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A Fun Exercise - Sell, JV, or Mine?

  1. 359 Posts.
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    Scenario -
    The year is 2022, the PFS for Costa Fuego as we know it (Cortaderra, Productora, El Fuego) is complete. The copper price is strong. The NPV is in the favourable $Bill range. Cortaderra North and Santiago Z still require drilling to develop a maiden resource.


    The question is -
    Do you advise the board to sell the Costa Fuego asset (either transaction or via acquisition)?
    Or do you advise the board the enter a JV with an experienced miner?
    Or do you raise the capital to develop the mine yourself?

    Whats your preferred option and why?



 
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