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Ann: Massive Copper Sulphides Intersected at Canbelego, page-286

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  1. Cashmeoutside
    3,076 Posts.
    lightbulb Created with Sketch. 1872
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    18/05/21
    08:55
    Post #: 53238665
    The big win here is the low hurdle rate with 4 mills within ~25km and frankly Aeris desperation to extend minelife at Tritton. With that low hurdle rate i think 4mt of mineable ore (grading ~1.7% CuEq is 68kt Cu) could be extremely profitable relative to MCAP when ordinarily this would be sub-economic. Tritton was 20mt, can they get 4mt? I'll let you work that out, worth a punt in my books though.. lets see what today brings.

    upload_2021-5-18_8-54-53.png
    HLX Price at posting: 3.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 6  Great analysis
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