SMM 20.0% 0.4¢ somerset minerals limited

hi cost producers gain more from increase pric, page-2

  1. 487 Posts.
    While proofreeding I noticed the following error I would like to amend. The following statement:

    Therefore, an increase in the price of copper will mean a higher ratio of increase in profits, and hence lower ratio of decrease of PE, for higher cost producers than lower cost producers.

    should obviously have read:

    Therefore, an increase in the price of copper will mean a higher ratio of increase in profits, and hence HIGHER ratio of decrease of PE, for higher cost producers than lower cost producers.

    These double negatives sometimes give me a brain freeze heh heh.
 
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