Thanks Scarva!
What appears to be becoming more and more obvious is that there was an enormous potential surge in copper production at the high prices being obtained.
Even without the financial downturn copper mining was steadily moving towards overproduction with an inevitable lowering of copper price.
The financial downturn has had a long term positive effect of stopping increased production and winding back produces with higher costs of production.
We need much more of the same.
Only the lowest cost produces are likely to remain viable over the next year or two (or longer).
We can forget a return to high prices of copper and production shortfalls - other than temporary ones.
Relatively low copper price will be with us for at least a decade.
The SXEW plant is the future for Anvil.
Will enable surge in production at lowest production costs.
Forget the rest!
A release of Contract Review and obtaining finance are the two essentials.
Given those two essentials Anvil has a sound future as a mid-sized mining company.
Competition for limited funding must be enormous.
And the availability minimal.
Can management succeed?
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Thanks Scarva!What appears to be becoming more and more obvious...
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