" TNC is advancing studies which are near completion which contemplate a mining restart for the CCP which will produce 39,645 payable copper tonnes and potential net revenue of A$524m over a mine life of nearly 6 yrs. This corresponds to an average annual production of over 7,000 tonnes of copper per year, and annual average net revenue of A$93.6M per year. Future production from the Mt Oxide resource is in addition to this – very early modelling suggests Mt Oxide will produce a minimum of 80,000 payable copper tonnes from an underground operation"
well, that makes one salivate . about 100mil a year in net revenue and the market cap is 35mil? up we gooooo
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. about 100mil a year in net revenue and the market cap is 35mil? up we gooooo
(20min delay)