HT
I would add that the need to increase throughput to 16mtpa when they moved to processing the primary lower grade ore has been well flagged in several reports over the last 2 years.
Therefore a downgrade by so called analysts seems rather bizarre to me. Probably should of and could of been factored into price targets at least a year ago.
Also agree with your point that on a LOM CAPEX per lb produced its likely comparable to other copper producers.
Still i tend to feel a retrace was inevitable considering the speed of the recent rise.
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