url: universal and vulcan to merge , page-34

sorry, being lazy here - Payback period and NPV calcs - as these based on 5mt p.a. I think that was what i had seen in a quick skim of previous URL announcements

is there any ramp up period or potential?

re Cu price - i think this is just the beginning of a new price run up. when you consider production, demand and most new finds are low grade, on would expect CAPEX/OPEX costs to rise in coming years.

Chinese are smart and are buying up assets that will carry them through the next few decades.

And, add inflation pressures, Cu (along with other base and precious metals) will be on the rise.

good time to set the fondation for production