Oh BoyCopper at $3.25 CME, however we sell Gib copper at a collar price of $4.00. Talk about an absolute brilliant move. Thanks Stuart for sitting at the table and playing to win, and doing the win.
There's nearly as much profit in the collar price as there is in the actual mining of copper. But we need copper to trigger the collar. This is our free chance to own the Florence outright, or to JV on our terms. A man never gets rich by giving his property away.
Mine hard, ship like crazy, notify CNR to have 100+ car sets available to haul copper ore to Vancover docks. Notify CNR that the Yellowhead or the New Prosperity are next up. So start building rail cars to handle potential ore from three mines.
Duty calls.