RE: Morning all7 Jul 2025 19:18
Just bluster from Bird in order to mitigate his overzealous gob.
No one will look seriously at BR unless cu hits 14-15k (Robert Friedland has mentioned this wrt porphyry systems too)
Just use some common sense:
- As I've mentioned before, the grades are too low and disseminated over too wide an area (easier to work in PPM in places).
- A nightmare, hoping/praying for some consistency when cu is spread over such a large volume and the profit margin is so thin.
- so many variable in terms of these ore optimisers, what if it doesn;t scale for a start - I've seen this happen before , looks fantastic in the lab but just don't work on site...
- Moreover, Company-x is going to have to drop $1e9 on this project over ~3 years just to get the plant up and running. They then need cu to sustain all time highs, and some, for 10-15years.
- They also need to somehow circumvent/do a deal with Anglo who are well known for being conservative.
- If these studies are so great why not publish them, the old feck doesn't even mention BR anymore. Why is that?!