$1.35 per pound of copper produced after cobalt by-product credits. That's about $2,975 per tonne of copper of which sells for about $6,700 per tonne currently. That is including the saleable cobalt having been added back to reduce the cost.
That is with very, very low recoveries and low assuming cobalt price. Stage 2 the recoveries increase significantly but they need some more satellite deposits to justify this and provide a longer LOM.
$1.35 per pound of copper produced after cobalt by-product...
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