Copper has risen from aroond US$2,350 at the beginning of Jan , to US$ 2520 and the last couple of days we hve seen rises of around 1%per day . Investors havnt got it yet . If copper keeps rising ,and Anvil stays where it is it will end up on a pe ratio of two Anvil will be producing 20000T pa of copper midyear . This will give them an income of around US $50M . All costs should only be about $20M ,giving a profit of US $30M or close to AUD $40m . Anvils market cap is only about $80m. The last few days rises in copper will add about $1.8m to anvils bottom line Per year . cheers Brenden
