To me. Priority is being high grade reasonable tonnage. rather than low grade and huge tonnage. The maths doesn’t work on the latter, and the appetite (financing) for those projects isn’t there imo. I’d sooner be a junior mining high grade at decent profit and not worried that the price of copper drops below $10k and everything goes tits up.
new world is boutique imo. I reckon we are on the money with Parag.
Ann: Copper in the Americas Investor Call, page-16
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