RE:RE:RE:RE:RE:RE:RE:RE:RE:New Press Release - Copper Fox Appoints Manuel Gomez, CFA to the BoardHere's the answer your question about QB2. The decision to put QB2 in production was made in Dec 2018. At that time the project capex was estimated to be 4.7B US. At $3.25/lb Cu prices NPV was 3.3B US. The NPV to capex ratio worked out to be 3.3/4.7 = 0.7. Not ideal but closer to 1 than the ratio for SC at 0.25. Teck and its partners made the decision to put it into production but imho they must regret it now as capex costs have ballooned to over 8B US. They have already comitted billions to the project so they have no choice now but to see it through completion.
Majors are very reluctant to put projects in production with capex ratios of that are much less than 1 due to funding costs without justifiable returns. You should talk with some real experts in the field about this fact MK before you make investment decisions. Oooops, I forgot your decisions are based on hopes and prayers instead of logical analysis LMAO.