Ann: Boda-Kaiser Scoping Study, page-90

yes, feel the same.
not all is bad but not rosy either.

and CAI investment is clear sign of mismanagement and inadequate risk management (if any at all). if few of us here could have seen the risks, ALK should have seen them even earlier and should have reduced the stake long ago and then keep selling every time they see another sign pointing to more problems.
losing the whole lot is unacceptable when CAI kept reporting problems with their operations for a while and from day 1 of mining.

The hedge book will be temporary issue but will weigh for at least 12 months unless ALK gets some strong exploration results that will demonstrate longer LOM at TGO which cancels out some of the impact of the hedge book.

but on the other side of the coin is US debt is about to hit $35t as it just topped $34.9t. And us following them to the bottom by funding their MIC with debt.
All this on top of the massive money theft during covid which buried us into a debt we did not have to have.
In short POG will only go in one direction in the next 10 years. Copper prices too as Govs over the world will go for another round of massive stimuluses to avoid depression.