I agree with you Tully7. The updated open pit resource of 4.7 million tonnes at 1.9% Cu and 0.6 g/t Au is low cost, high grade, and could generate hundreds of millions of dollars in profit over the mine life.
Andre gave an estimate of only $40 million for the capital cost of Constellation in an earnings call about a year or 2 ago. When the open pit at Murrawombie ramps up production and we see that data in the quarterly report, we will know more about how profitable open pit mining at Constellation could be.
Ann: MATERIAL INCREASE IN COPPER AND GOLD AT CONSTELLATION, page-10
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