@ Obiwan IRR is still only 14% , little changed from the aborted...

@ Obiwan IRR is still only 14% , little changed from the aborted 2013 proposal.The proposed mine is now less ambitious ,has a reduced mine footprint and requires less funding but it remains a marginal proposition. IMO the PERP is not the critical factor , it is the deposit’s poor grade. Maybe the EV disruptive boom will be enough to lift the copper price to make the IRR viable! Hoping the Chinese can bring the mine infrastructure cost down ,if not we are in serious trouble! Management is responsible for much of our current angst.Certainly the latest CR has seriously shaken short term confidence. They haven’t attempted to contain cash outflow , what has been going on? I don’t buy that nonsense “that they have been working on procuring local support ...blah, blah...” I note that they are considering an airborne gravity survey,at some cost! I reckon they must be on drugs! Seriously! BOLTA!