Also interesting to see they will use grid power and say they will produce a concentrate of 40% Cu!
The metallurgy is of huge advantage to KCB and MODs T3 project. The simple flowsheet to recover the copper means low capex and low operating costs and the high grade con with low deleterious elements means lower TCRC and low to nil smelter penalties (and cheaper transportation as less volume of concentrate).
Combined with good infrastructure (next to near new highway, grid power, water and close to major townships with available workforce), high grade nature of open pit resource, expansion potential to act as processing hub and a supportive jurisdiction means this one just has to be developed in a world of growing copper demand..
MOD Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held