Ann: Copper Mountain Announces 2018 Exploration Plans, page-10

Yeah it sounds good until you realise they are paying for this exploration with our own money.

CMMC is so saddled with debt that I can't see how they can possibly start to develop Cloncurry unless the price of copper heads north and stays there. If that does happen then they are sitting pretty - and I am a copper bull long term, so I understand why they did it. But it could be five years or even more before the copper market is conducive to developing Cloncurry.