GREY:NEVDQ - Post by User
Comment by
quinlashon May 20, 2024 3:43pm
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Post# 36048986
RE:RE:Another 52 Week High for Copper
RE:RE:Another 52 Week High for Coppercnynman wrote: Is it possible that NCU is not confident of meeting the terms of such an agreement?
What 'long term' production numbers do you think they could meet, realistically and contractually?
I'm not talking about 'pie in the sky' full nameplate production ala Fluff, but what do you honestly believe the current operators would be comfortable with in a binding contract?
I really don't have any idea, but the management there must have some inkling.
If the above ground crusher was online to compliment the underground crusher then their output goes up.
The amount of ore that could be commited to a supply agreement and how much would need to be sold at spot price levels would need to be reviewed by NCU itself.
The calculation would need to balance the short term benefit along with long term value to the investors of the mine.