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14:23
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Originally posted by plough:
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"You are right to question the strip ratio.....as it will be the biggest cost before any DSO ore can be mined.
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Current copper price is 9.6k a ton (US) and the pullback due to financial macro was extremely short lived because the supply/demand situation in copper is not going to be fixed by prices anywhere near this. There's not enough incentive to ramp supply after decades of underinvestment in the sector and so many industries looking to consume dramatically more copper heading out into 2050.
