I think a 0.1% cut-off is probably OK at the current copper price. That's equivalent to 1kg of copper per tonne. At $10 per kg, that's $10 per tonne. I'll be interested to see what processing costs per tonne are factored into the PFS, but as long as the marginal cost of production is less than $10 per tonne, CVV will be in front. CVV seems to be very conscious of the need for a business model that delivers low production costs.
Ann: Major Mineral Resource Upgrade - Caravel Copper Project, page-13
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $96.99M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.0¢ | $229.4K | 1.243M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7231 | 18.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 46399 | 2 |
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| CVV (ASX) Chart |