I saw the headline, but then realised that it was said by a Gold miner CEO. I always treat these comments with a grain of salt as they tend to be headline grabbing rather then based on good analysis.
OZL calculates P Hill C1 cash cost after the Gold credits are taken into account, so if it does occur and the dollar does not rise and the copper price does not fall) then it will translate into lower C1 cash cost for every lb of Copper produced.
HT1
OZL Price at posting:
$9.50 Sentiment: LT Buy Disclosure: Held