" TNC is advancing studies which are near completion which contemplate a mining restart
for the CCP which will produce 39,645 payable copper tonnes and potential net revenue
of A$524m over a mine life of nearly 6 yrs. This corresponds to an average annual
production of over 7,000 tonnes of copper per year, and annual average net revenue of
A$93.6M per year. Future production from the Mt Oxide resource is in addition to this –
very early modelling suggests Mt Oxide will produce a minimum of 80,000 payable copper
tonnes from an underground operation"
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