Ann: Nifty Copper Project Update, page-121

People also need to stop thinking in binary when it comes to macro economics it's not a yes or no answer.

Are we seeing inflation, yes. However, what the Fed meant by inflation being transitory is things like shipping costs which ballooned out will start to go back down and get cheaper as the world "gets back to normal". What the Fed failed to mention was not all of the inflation will be transitory things like wages won't go back down those rises will be hear to stay.

So when Barry talks about reagents shipping costing alot more by the time we are in production I would presume freight prices will be alot closer to "normal"