Halo's project estimates include 83,626 tonnes of fine copper and about US$196 million in estimated after-tax value. These figures support the project's promise, though the release reports estimates, not copper production or sales.
These estimates give shareholders a clearer picture of the project's possible size and value. They are still estimates, not proof that Halo is producing copper or making sales, so the news is favorable because of the project's promise.
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