lso worth noting that at US$3/lb Cu a 0.4% cutoff means just $26/t revenue (that is ore grading 0.4% only gives you $26/t and that assumes 100% recovery).
The PFS cost estimates were for $30/t so its hard to see them using a 0.4% cutoff they may need to go with a 0.5% cutoff ($33/t revenue at $3/lb)... will depend on whether they can cut costs and Ag credits not included (could add $5/t in revenue)...all to look forward to.
MOD Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held