Havilah is Highly Leveraged to Copper re: Kalkaroo + Mutooroo, page-22

Copper is currently over US$8,000/tonne. I expect copper metal prices will continue to move upwards, maybe even head to record highs during calendar year 2021.

“Grade decline, resource depletion, increased input costs, water constraints and a scarcity of high-quality future development opportunities are likely to result in higher copper prices needed to attract sufficient investment to balance the copper market.” BHP Limited (see Post #: 47130524)








Reminder: for every US$0.10 pound increase in just the long-term forecast copper price under the Kalkaroo PFS value matrix the Kalkaroo NPV_7.5% increases by ~A$42 million (after-tax).

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.