Can someone help me out because I think I must be missing something. The PFS shows 572,000 tonnes, or 1.15 billion pounds of copper, to be mined at a cost of about $2 a pound. We have a spot price at the moment of about $3 a pound, so that makes about $1.15 billion profit over 11 years (before royalties and taxes). That $1.15 billion figure is assuming a discount to the forecast copper price of $3.50 a pound, and ignoring the grade grade upgrade. So $1.15 billion looks like a worst case scenario.
What don't I understand?
Can someone help me out because I think I must be missing...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
49.5¢ |
Change
-0.030(5.71%) |
Mkt cap ! $286.7M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 52.0¢ | 49.5¢ | $1.043M | 2.054M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 157601 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 17/09/2025 (20 minute delay) ? |
| BTR (ASX) Chart |