Ann: Appointment of Corporate Advisors, page-23

U clearly are missing how global copper markets actually work. The US tariffs apply to all copper imports, not just australia, forcing US buyers to pay more or scramble for limited untariffed supply if that occurred. That increases global competition, making copper scarcer and pushing up prices globally, not just on COMEX. LME prices follow due to arbitrage and investor sentiment. Add in Kamoa-Kakula’s shutdown and supply tightens further. KGL benefits from this setup: higher copper prices boost project economics , funding prospects, and long-term value. It’s not about selling to the US, it’s about a tighter global market, which helps smaller miners like Kgl