Good feedback! 100% agree on the impact of positive funding news...

Good feedback! 100% agree on the impact of positive funding news to complement an improved DFS and NPV. Some further points;

CAPEX/OPEX

Agree that Capex has likely increased since 2021 but as the NPV is not overly sensitive to either Opex/Capex increases, have chosen not to dig deeper.

Resource Increase

Seems a good chance for resource increases as per the announcement below from December 2024! Potentially strike and depth extensions such that they are modifying mine design to take advantage - a sign of confidence IMO


Metallurgical Recovery

It seems the risk of poor Cu recovery has been mitigated as per the extract below from the progress updated of October 2024. So we can assume that will not adversely impact NPV.



Permitting

Also seems low risk given update below from August 2024