And today kids, Mr Clausen is going to teach us an important lesson about 'Critical Spares'...
Softer than I expected for sure, though not altogether surprising when you have major crusher issues at a massive tonnage operation like CM. The trials and tribulations of being leveraged with such a low grade producer. Couldn't have come at a worse time, too.
I generally think of CM as a very well run operation, but not having a spare shaft for the crusher is an oversight by anyone's standards. One they've now remedied, but that won't get the lost production at $10000/t Cu back.
C6C Price at posting:
$3.85 Sentiment: Hold Disclosure: Held
