I think they're on the right track as far as Roseby is concerned...

I think they're on the right track as far as Roseby is concerned though perhaps ought to speed it up a bit and focus on extensions and greenfield exploration rather than infill. They need to get the market to see its value before the Xstrata earn-in deadline so they can get a good price. Comparisons with the likes of RXM ought to help.

As I said no point in second guessing the DFS at this late stage but I have my doubts about Finland. Placing it back on ice (literally) until they find a smelting solution isn't a bad option (better than mining and stockpiling imo - this carries real risks if Cu prices fall).