copper, page-4

  1. 2,388 Posts.
    re: copper/avl valuation Hi Charlie,

    Minelife was upgraded from 8 to 9 years following the deep drilling in the pit last year, it may be upgraded again following most recent drilling. That gives it approx 6-7 years left on current resources.

    For your calculations also remember AVL pays a 5c pp royalty to RMG on the first (130,000?) tonnes of copper.
 
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