pays $44k annually for every 1m you keep on their deposit of 800M pounds of copper. They plan a 33 mine life, and are doing 1000 TPD now, planning on 2000 TPD shortly with a yearly rate of 25M pounds of copper produced.
Thats about $50M to $75M per year in revenue and about $20M to $30M net per year at current copper prices which are at a 52 week and 5 year lows today, of all days LOL.
If copper goes higher, net is more like $30M to $50M per year....
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