Assuming current spot prices of USD $3.90 per pound for Copper, USD $17 per pound for Cobalt, and USD $1,380 per ounce for Gold. Then these are the Copper equivalent percentages
ECDD002 48m @ 2.18% Cu, 1.97 g/t Au & 619 ppm Co is 48m @3.47% CuEq
ECDD007 46m @ 1.43% Cu, 1.51 g/t Au & 996 ppm Co is 46m @2.64% CuEq
Regardless of the actual dollar prices for each commodity, as long as the price relativities hold, the CuEq should be right. Regardless, they should be a good guide.
I hope this helps.
- Forums
- ASX - By Stock
- EXS
- help with yesterdays ann
help with yesterdays ann, page-3
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)