Yep.
Agree it is good to get rid of Glencore ASAP. It is a matter of timing when to explore. It is now a minimum of 3 years to permit something in NSW so they have until 2019 to find more or the mill sits idle for a while. Maybe the copper price will improve enough for Nymagee to become sufficiently economic?
As for the title of this thread the quality of the deposit should mean the mine makes money enough to repay the debt and then some. Glencore's actions show that they want the cash and not shares.
Forward Fundamentals, page-8
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