The copper price in AUD that was used in the Nifty Restart study (March 2022) was $12,000
The copper price as I write is $15,435 AUD
Based on SX-EW production of 25k tonne pa, that's an extra $85 million AUD in revenue per year.
As we await the scoping / restart study and upcoming AGM (28th May) it's worth keeping a clear perspective just how good this small cap company is. Our chairman and board of directors are well aware that opportunities like this don't pop up every day.
(My previous post is also the front page headline of today's Fin Review)
The copper price in AUD that was used in the Nifty Restart study...
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