RE:I am still laughing at the Equinox comparisonKurd, I am not sure you read what I posted or maybe you read what you wanted to see or think you see.
I'll simply reiterate the projects are very similar regarding size, cost and annual production. Nevada is a safer climate to operate and better costs. They are as identical as it can get quite frankly.
Yes, copper price is substantially lower but still profitable and demand continues to increase year over year with less and less big projects filling the gaps. I did mention it, you just failed to read or understand where I said "if copper price increases". I should have said WHEN copper price increases.
With climate change warriors out in droves demanding wind turbines and electric cars etc. etc. it will increase demand therefore at some point increasing price along with global expansion. No brainer really. Basically demand is increasing and supply is decreasing, pretty straight forward really.
Also as I said previously, how they fund this will be the key to shareholder value. Red Kite/PALA are unlikely to walk away from their investment at NCU, they will find a way to get this project done. Maybe a streamer will be an option, they are becoming a popular way to finance projects more and more.
And as I said it will be a very valuable project when completed and producing. It would already be extremely profitable at current copper price if the mine was built.
Kurd, if you don't have a CFP looking after your investing, it may be a good time to consider it, you clearly aren't very good at it...maybe take an evening literacy course after you're finished work at the burger flipping joint.