Kanmantoo Copper mine ready to go ? For real ?, page-152

I think with the low copper price they need to go to plan B which requires proving up the resource to increase throughput.

This in turn requires extra labour.

With the copper price sitting around $1,000 per tonne lower than the feasibility study this has chopped around $65 million off the three year revenue forecasts. Ouch!

This is now becoming a high risk game for HGO.

If HGO does not announce revised resource by this Friday (as they said they would) I suspect this stock will get sold off heavily.

I can hear the Freepoint cheer squad trying to talk this up when in reality this is now becoming a high risk game for HGO.