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This. Thank you. People don’t realize that even without drilling...

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Jopie

3,279 Posts.

1067

18/04/24

20:29

Post #: 73414737
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Originally posted by MROM: ↑

It will equate to more than that as the PEA where that graph comes from is only using 1.7mt CuEq for a 16 year mine life. It does not take into account how much more of the 4.4mt CuEq in the MRE that becomes economically viable when it is time to do the PFS with a copper price well North of the $3.85 used in the PEA.

Substantially more metal in the PFS study even without any new drilling success. Waiting for the rise in Cu price to do the PFS will demonstrate a significantly better project.

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This. Thank you. People don’t realize that even without drilling results the PFS may be massively better.

Steps something like this :
Cu $5+
MRE
PFS
TO or JV
Water business

HCH Price at posting: $1.22 Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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