OTCPK:CPPMF - Post by User
Comment by
Pat123on Jan 31, 2023 7:12pm
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Post# 35258225
RE:reason to buy
RE:reason to buyAgree to the potential takevover candidate. I hope they will take time to improve the current production efficiency before starting the expansion to 65kptd. The initial capex is around $240M usd ($320M cad) for a pretty low copper grade of 0.25. Cash flow from operation will not be enough to finance this.