copper now $1.23c/lb($2,700+)/t, page-7

  1. 3,004 Posts.
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    re: my calculations for anvil "Anvil has been in the mid forties since november .
    20000 tonnes of copper times $700 =$14m US
    In AUD , about $18m pa extra profit after stage 2 in june
    Anvil has 206 million shares on issue , fully diluted .
    so $18m divided by 206m gives us around 8.5 c
    extra revenue per year ."

    The above is wrongly based
 
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