Copper Mountain Mining Corporation T.CUM

Clausen

[Kingsale]

The problem with CMMC is they have lost all credibility.
Remember : in February, they expected AIC to be 2 to 2.50$ per pound of copper for 2022.
In April, they said they had unexpected problems during the first quarter (AIC = 3.58), but these problems were behind them.
In July, more unexpected problems and an AIC of 2.92, but they said the second half would be much better.
Third quarter was worse : in November, the AIC was 3.70 and there was another large loss. They said the last quarter would be better but still well above the 2 to 2.50 range for AIC (at around 3$).

We know Gil Clausen is preparing his retirement, but it's not an excuse an he is not alone, his team seems to miss the point