why CYM is a Billion $ company in the making, page-985

cym will be worth about $750m when the cu plates are out.
1. Copper plates finished product sells at premium to LME copper price
2. 50% royalty discount for plates
3.Ship less as 99.99% instead of 30% grade
4. less workers as less machinery N processes in Heap leach
5. use less water
6. open pit at 1% vs UG 1750 m below at 4.3 %. Very hot , like working in Hell.
7. Niffy only 25,000 ton cu plates

Both are 20 years mine

But add in IGO JV
And Machoo . N Cue N Nanadie Well These will add in another 25 kt X 2 = another 50 kt maybe 4 or 5 years time.