Copper

[Bamps21]

https://www.ft.com/content/c3da84fd-efe ... 1a8104ee3e

From MRE March 22
2024 700kt of ore 0.69% =$12m
2025 2.16mt at 0.67% = $43m
2026 2.69m at 0.47% = $37m
2027 2.83m at 0.46% = $39m
2028 2.9m at 0.39% = $34m
2029 2.74m at 0.37%=$33m
2030 same $33m
2031 3.03 at 0.42% = $38m
2032 2.92 at 0.35% = $32
2033 1.76 at 0.37% = $20m

That’s assuming
Gold pays all costs
Constant $10,000 per ton
30% to Ggp
3mt per year plan
Based on out of date statistics likely to be higher
Copper forecasts $15,000 by 2027 would see a 50% increase