IMVHO someone will buy it but not specifically for the Cu. BHP &...

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    IMVHO someone will buy it but not specifically for the Cu.
    BHP & OZL want AISC of appox. US$1.25/lb verus a US$2.60/lb Cu price. That's too high a hurdle for Nifty.
    Not sure about Sandfire but they've sat on their cheque book for ages presumably because of a similar IRR hurdle.
    Last edited by arsenic: 30/10/19
 
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