The only trouble is that IF it grades that, then it is equivalent to 15 months of product at the LOM rate of 3mtpa at 1% Cu. Processing Peter to rob Paul.
Nor is it worth $175m. That is the value of the processed copper. They'll only get about 78% of that for concentrate (less COW's 5%) and we've no idea what they can get for NCu, in spite of at least two shipments now.
Native Copper percentage and quantity, page-19
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