KBL kbl mining limited
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Aud/USD effect on KBLs profits

  1. Sellier
    1,781 Posts.
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    04/12/14
    18:38
    Post #: 14410237
    Does anyone know whether KBL sell their product at USD spot prices?

    If that is the case the 13% drop in the AUD/USD during this quarter should really help boosting the profits. Copper price in AuD / tonne is $7677 which is not too bad. Lower oil prices and a consquent lower cost base should also help to enhance the profits.
    Last edited by Sellier: 04/12/14
    KBL Price at posting: 3.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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