I agree with Parrothead about the native copper. At best it would be melted into anodes (heat costs money) and then refined into cathodes (electrons cost money too). The only part of the refining process that is missing is the smelting stage.Most smelters have an integrated process from concentrate to cathode and this stuff would maybe added in with copper scrap into the anode furnace?? That might be a good way to value the native Cu. Same value as scrap Cu.looks like copper scrap sells at a discount of around 50c/lb. The cobalt credits are a "nice to have" but the real story is copper. The gold will go with the copper concentrate.
CDU Price at posting:
$3.09 Sentiment: None Disclosure: Not Held