CUO copperco limited

sp to rocket...company of quality, page-3

  1. 168 Posts.
    Can someone explain something to me.

    P.30 of the investor briefing (3rd August). The graph shows a base case (19000t cu) with spot prices of $US2.20.... With revenue of 1000 (A$Millions)

    = 1 billion dollars of revenue and EBIT of 400 million.

    I must be stupid... they say $10.5M for August which is approximately $150M revenue for the year.. and ramp up to maybe $250M revenue.... This is nothing like 1 billion dollars revenue liek teh prospectus says.

    I must be reading something wrong???
 
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