Samuel Catalano's questions to MAC Copper Ltd (MTAL) leadership • Q3 2024
Question
Samuel Catalano asked for clarification on development meter trends, whether production from the QTS Upper project would be additive to guidance or displace other material, and for comments on reported M&A interest in Neves-Corvo.
Answer
Executive Michael James McMullen explained that development meter figures are a result of the new, more efficient mine plan. He confirmed that QTS Upper production is completely additive to existing guidance as the company is not mill-constrained. Regarding M&A, he reiterated that the company evaluates all copper opportunities but remains strictly value-focused, especially in competitive processes.