Spot on Aussie... no risk here... its hedged against operating costs
the operating costs are inline with budget forecasts for the qrt, and they are now into the high grade lady annie ore...
Cash Cow... could not have been timed better with the current copper price.... i think this is what people haven't relised - they are protected against a drop in copper price so as to take advantage during the lower prices...
Read where other copper projects are being shelved... this means when things improve around the markets... copper will rise again right when CUO are hitting their straps...
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- quarterly report out
CUO
copperco limited
quarterly report out, page-5
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