copper stock, page-53

  1. roh
    4,061 Posts.
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    Jantimot,

    The current copper price as quoted from the CuDeco website is now $7926.64 Australian dollars.

    In the 2012 Annual Report the following is worth repeating. "The native copper metal concentrate is expected to achieve premium prices compared to sulphide copper concentrates

    We also know company reports have also stated that metallurgical test work confirmed ability to produce a clean native copper concentrate and that the clean native copper metal 99.65 % CU average and will be saleable in its own right with no deleterious elements present likely to attract a penalty from a smelter or end user.

    The native copper is only .35 percent off being pure copper and will be welcomed as a feedstock for subsequent refining to "five- nines"pure copper."

    Neither you , aka or I know what price s CuDeco will receive for its native copper, direct shipping ore or the various concentrates but based on the current price of $7926.64 ,it will do well.
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