From the research note;
“The cash flow generated can finance the refurbishment of the sulphide concentrator and the restart of the copper concentrate production to extend the mine life (average of 23,000 tpa of payable copper in concentrate over 11 years) assumed to start in 2029.”
Quite interesting they've put this in their analysis, when we are speculating that they could potentially sell the concentrator or simply use it as leverage for debt, and while Barry is quite adamant that his team will crack the metallurgy as he puts it! Does that mean if cyprium can plate the sulphides they should be worth more than the base case ?
From the research note;“The cash flow generated can finance the...
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3.9¢ |
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| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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