Copper breaking through US$4.40/lb overnight, on its way through US$5.00/lb+
The world needs a lot more copper this decade (and beyond), but huge underinvestment in exploration over the last 10-15years has revealed very few new large deposits.
The assets CVV hold are world class, albeit lower grade which is amendable to ore-sorting technology which can increase the grades to 0.70-0.80% Cu prior to putting it through the circuit.
We're nearly at $100m Mcap, a long way to go!
Ann: Drilling Update - Bindi Deep Drilling Results, page-8
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