With recent copper-focused deals targeting assets in the ore reserves-development stage (see Post # 79158414), many buyers' acquisitions reflect longer-term strategies rather than an immediate boost to production.
Note: I consider the Kalkaroo copper-gold project a Tier 2 asset.
At the end of the day, Kalkaroo is the only large scale undeveloped copper-gold project currently for sale in Australia.
All other large scale undeveloped copper projects in Australia have either molybdenum (ASX: CVV, ASX: ALM) or cobalt (ASX: COD) as by-products.
Or are just straight copper with no by-product, like the Cyprium Metals Limited (ASX: CYM) Nifty copper project.
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Cheers
These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
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