Most importantly perhaps, analysts have stopped predicting the imminent demise of copper...commentary is now neutral or up.
Keeping in mind that C1 costs for stage 1 will be well below $1 and all in costs well below $1.50 (on reasonable assumptions) that means gross profit of $45 million on 12,000 targeted production at current prices. If production is higher profit per tonne will rise as well as the quantity of tonnes AVB make a profit on :)
Looking good.
AVB Price at posting:
7.8¢ Sentiment: Buy Disclosure: Held
