ozblue, no, read the announcement! That is ~20% METAL which will...

ozblue, no, read the announcement! That is ~20% METAL which will be processed, not ore.


The ramping comes from people like scanspeak who claim that the company will be processing 3% Cu for the first four years. That's 20% more than the JORC for the whole ten year period (30mt @ 1.02%). What are they going to mine for the other six years?


"scanspeak
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Sentiment: Buy
Disclosure: Stock Held
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Good summary Max.

Personally I'm focused on the first 4 years at 3% Cu which will bring cashflow of around $300M per annum starting in 2015.

Early cashflow from DSO will hopefully be announced in coming weeks."

Pure ramping and unsubstantiated speculation.