Quite the glass half empty there Khaliqs.
Current copper price of $3.12 / pound not fantastic, but not a disaster either. Still above 3 year lows, well above GFC lows. Above BFS assumption too i think. Hedging in place at excellent levels as you note.
An offer of 75c may be best there is, but that would only be a result of spineless banks and poor capital management. DML is a high grade project, and your estimate for value of Boesteo is 2.5x lower than valuations end of last year. hope the outcome is better, but yes i am an optimist
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