Jun. 3 at 3:11 PM
$HDRSF Reworking Feasability Study (FS) with copper’s higher long term price and potential cost saving methods. Expect NPV at a minimum, to double. For every 25% copper increases, the NPV on the old FS tripples. Meaning, at coppers current price the NPV is ~
$800M. I expect them to use a ~4.40 per lb to keep it reasonable as prices fluctuate.
With the rework on the FS, that multiplier could be more. You’re going to want to load at these levels. I expect copper to continue to rip, and this FS to attract a major player to buy this project. This is one of the few fully permitted copper mines in America. 🇺🇸
$MP $COPX $EULIF $CRML
https://www.highlandcopper.com/news/highland-copper-identifies-key-optimization-opportunities-through-detailed-engineering-at-the-copperwood-project/
