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Also this is also worth consideration... the scoping study on...

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    Also this is also worth consideration... the scoping study on Cobre's in-situ metal recovery concept - a process that's just been proven in the US.

    https://app.sharelinktechnologies.com/announcement/asx/cea04e6782808d89450eb6f4c440cfbf

    Check out the Florence Copper https://florencecopper.com/about/ If you dig about the website there's some neat videos that explain the science but its just simple chemistry really.

    Like the Americans revolutionised tight oil production with shale fracking, they have now proven up this revolutionary concept for recovering copper, but without mining. It's a sort of fracking for copper and silver using weak lemon juice strength acids under pressure. As long as you have the correct mineralogy, and your drilling and pumping is insulated from ground water table, the recoveries are looking pretty good-

    But here's the kicker - for exceptionally low CAPEX and OPEX. And this isnt some trial lab experiment - They are actually producing copper now.

    Its pretty 'out of the box' piece of thinking. I've done a quick back of the envelope calc gives something in the order of a $500m US NPV to Cobre's current estimated resource.

    That's going to make a very significant difference to everyone here.
    Last edited by Hydrogen1: 23/04/24
 
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