Post by
Magnum2 on Nov 13, 2022 2:56pm
43-101/PEA are based on multi-year avgs for metal prices....
Sherry, I wasn't aware we have little or no numbers to base a value off of....but any and all values are based on multi-year avgs for CU,NI and CO, perhaps AU.
So yes we still need CU prices higher longer term and shorter term, sentiment is changing and this IMO is far more important to benefit the SP so resource calculations/PEAs can be paid for.
Perhaps RIO has done such a calculation, MMA definitely needs to step up their game if they are serious on moving this forward for shareholders.
Waiting on the next drill holes and an update from Mazumdar hopefully he asks the tough questions required to get these guys to comply.
Cheers