AVM advance metals limited
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copper price fantastic, page-3

  1. miningnut
    11,513 Posts.
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    17/08/05
    08:06
    Post #: 1084799
    Hi Zinc,
    The current cost of refining & smelting(TC's/Rc's) is 20c-21c/lb & this cost is included in the Total costs of 65c/lb(after silver credits) that I'm predicting for the current quarter.
    The metals trading firm that buys their output charges 4% of gross copper revenue - so that for every 100lbs of copper produced & delivered to the smelter AVM only receive proceeds on 96lbs.
    AVM Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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