euroz re-rated avm @ 80c!, page-6

re: peak copper ? A good sensible article compared with most of the predictions of these so-called analysts that are predicting $1.00/1.10 prices within 12 to 18 months without any justification.
It's interesting to note that the longer term LME prices have also been moving up & 15 month copper is now $1.70/lb & 27 month copper is $1.50/lb.
Anvil will be very profitable with any of these prices and silver at $9/oz provides the icing on the cake - I'm expecting 675k of payable silver ozs this quarter.
It was a good thing we moved to Canada when we did as BT was considering hedging prior to that move but said that the Canadian market did not want companies to hedge - the very wise Canuks.
The great unhedged AVM - the story is getting better.