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Ann: Exploration Unlocks Copper Potential at T23 Dome, page-37

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  1. 709 Posts.
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    Bottom line they need discoveries.Any outlook financially for T3 progress is going to look miserable without some sort of success out in the fields.We have been hit with two substantial raises to fund exploration, and it has been the main point of promotion over the past 18 Months, so I can't see anything except more pain without a find that can get the market excited.The only other saviour will be copper going back over $3 and copper projects in general in favour, come DFS time.Remember PFS figures quoted regularly at $3, so if copper can't break $2.80 then that eats up some of the work done to expand resource and improve metalurgy etc, which would have otherwise made the DFS much more attractive than PFS.Need drilling success! Need proof T3 isn't just a rare economic discovery in amongst a gigantic region of abundant, uneconomical, copper..All in my opinion.
 
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