Yeah we have been through this all a million times before. They will use a combination of open pit and underground.
We also don't have the same level of intensive flowsheet as laterite projects ala ARL. Extra strip costs will be offset by lower processing costs.
Also the fact that we don't have $600m capex for a 1Mtpa plant means we can go bigger for the same level of capex. More tonnes of throughput means more profit even if we have a slightly higher cost of production.
Also we have a 45Mt JORC at 0.15% Co and 0.49% Cu (if you can read a cutoff adjusted table).
Everyone always seems to hate when the horse they didn't back runs.
Ann: Opuwo Cobalt Project Maiden JORC Mineral Resource, page-190
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