Sharp Increase Copper / Gold Prices9 Feb 2026 11:51
Company interim stated the below in Sept, both gold/copper currently trading at these levels…who would not be interest here at 1.2p/share!
‘Many analysts are forecasting the copper price to rise to $13,000/tonne, which would add over $280 million to our open-pit bottom line on copper alone, without blending in any of the higher-grade underground ore, which we hope to be able to do once we have driven our proposed adit towards the known high-grade sulphide mineralisation.
Some commentators are also forecasting gold to increase to $5,000/oz. If this proves to be correct, that would add a further $100 million to the bottom line, with an additional $40 million for silver if the ratio to gold remains constant.’