I’m looking for companies that have already sunk big capital, identified resources (low or no exploration risk) completed studies, ticked some boxes and shown they are not inhibited to production by non copper price related risks yet still provide exploration upside. STM and HCH are just two that fit the above. I’ll watch KMT to see how exploration progresses, it’s just not what I’m after atm.
Slide 19 I’ve seen in different versions many times. Due to the pull back in copper prices restricting finance there is stuff all coming on before 2020. Add wage negotiations and possible sub par performance by large mines should push prices higher at a time the world is waking upto green energy.
https://www.asx.com.au/asxpdf/20180411/pdf/43t3hv76whtyc0.pdf
WRM not sure, expected a decent pump there. Perhaps too much dead weight.