Copper in Concentrate, page-6

Yes, thanks Scillaci, I left a digit out...


Gross cash flow:

12,000 tonnes
2204 pounds in a tonne
US$2.261 Friday closing price.

12,000 x 2204 x $2.261 = $US59,798,928
18,000 x 2204 x $2.261 = $US 89, 698, 392

Plus 75% of the gold value at around 7000 ounces currently $1260.

AVB's benefit from higher copper prices is substantial. If copper continues to rise the ability of AVB to self fund PB for example would be improved