Peppers01
About 2 or 3 presentations ago, PNA used assumptions based on:
Copper $US2/lb, Gold $US600/oz & Silver $US12/oz
PNA is still very profitable with copper at $US2/lb, so long as cash costs are maintained under say $US1.20/lb.
Thats even including a 20% increase on previously advised cash costs of $US1/lb.
But all shall be confirmed when PNA files its Sept 1/4ly.
BTW, the Silver price is in the $US9's but is a very small part of PNA.
Gold is currently around $US800/oz & @ say 0.7 = $A1,140/oz
seriously..., page-30
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