Copperstone Resources: The ball is in the court's court - ABG
Another round of permit completions submitted
Estimated full run-rate EBITDA raised to SEK 1.4bn
Fair value SEK 1.5-2.1 (1.2-2.6) on copper price of USD 9,000/t
Permit process moving forward, awaiting the court's response
During Q1, we have seen continued progress in the all-important environmental permit process for the Viscaria mine. As of now, Copperstone has submitted another round of completions to the environmental courts, and if the company's application is deemed complete, the next step is for the court to announce a hearing date. Meanwhile, the company is continuing its drilling efforts as well as planning future mining operations.
Länk till analysen i sin helhet: https://cr.abgsc.com/foretag/copperstone-resources/Equity-research/2023/5/copperstone-resources---the-ball-is-in-the-courts-court/