I don't see the short term copper price as that much of an...

I don't see the short term copper price as that much of an issue, in fact I see it as an opportunity for those with spare cash and in interest in MOD.

If the analysis on these threads re copper supply drying up in coming years whilst demand grows is anywhere near accurate then there is presumably only one thing that can happen to the topline copper price. And the $3/lb used in the NPV may be laughable with the benefit of hindsight...could be back in 10 year high territory and beyond??? Maybe not. But $2.78/lb won't available forever.

The other consideration is currency. The USD could strengthen, or more likely the AUD could weaken, and we could see prevailing prices sub 70 cents. Even if the topline price dropped there may be an opportunity for FX to compensate....best case scenario, the price rises and the FX works in our favour, compounding the uplift.