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Day Trader Roadblock, page-99

  1. hottuna
    3,053 Posts.
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    14/05/16
    12:39
    Post #: 17766675
    In the assumptions of Bruno's report it says TC/RC was A$100/tonne, whereas in reality the going rate is somewhere around US$100/t plus US 10c/lb. A 30% concentrate would translate to about USD0.25/lb of copper, or about 34 aussie cents per pound.

    That all assumes there will ever be any concentrate out of the plant!
    CDU Price at posting: 50.5¢ Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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