Well yeah that's the idea, huge supply (500 years) at 2% grade is not good enough ("loss making")
So what's the solution then?
* need much higher grade than 2%? It means less than 2% is not economic.
* need much higher price? But if price is much higher, olympic dam will be profitable, no longer loss making, and able to supply the whole planet for 100 years to come
I'm just trying to understand the economy ecosystem, regardless the company.
How much do you think the SP will increase when the JV with HCH's massive Chilean copper resource goes ahead?, page-38
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