RE:What will be mineable grade in 30 years. RF's take on NPV. English,
And why shouldn't you be invested here? The Company still offers reasonable value at current prices. It's not as if 16 billion lbs plus (and rising) of copper "Payable Metal" is worthless. I would ignore any calculation, such as NAV, which is applied to the entire resource, when the 8 Mtpa mining scenario already makes clear that most of the resource will fail to achieve head grade. The upcoming Prefeasibility will provide more accurate values.