Yep ... but company specifics will determine success - not...

Yep ... but company specifics will determine success - not Trump's policies. NWC plan in place well before Trump Tariffs. Some of Trump's tariffs are great for America, some are immaterial and simply a negotiation about something else entirely. Taken as a whole, a "trade-war" is counter-productive (as it will generally depress economic growth and Copper is not called Dr Copper for any old reason. Economic health is vital to growing copper demand and the secular electrification thematic provides the "growth surge step-up" in demand over the next 25 years (and that's 2x present NWC mine life).

The PFS itself is based on EXPORT of copper concentrate ... how's a tariff on US copper imports help that? Arizona USA is a fantastic place for a copper project. At RRS CEO said

"We've undertaken market soundings with all of the large copper and zinc off-takers globally as part of the PFS, and importantly, no off-take agreements are in place at this time. Antler has direct access to export markets through the Port of Guaymas Mexico - which is a significant concentrate export facility and also the Port of Long Beach in Los in California. In addition, and importantly, there's direct access and ability to sell concentrate to two domestic copper smelters which we have direct access to via transcontinental railway - both of these smelters are short copper concentrate at the moment and at a time where critical mineral supply chains in the US are of the utmost importance this is a significant advantage for Antler as we go into production. We have a lot of flexibility in terms of our offtake and ongoing discussions and terms in place, however we're not in a rush to do a deal on our off take until we need to finance this project later next year."

NWC isn't going to affected by Trump tariffs (IMO) and their success (or failure) is a company risk not a market risk.


From the PFS