has anyone considered the fact that Cu prices are 10% down in the last fortnight? with a very unfavourable AISC figures this 10% drop is like taking away oxygen from a patient on the respirator....
WE NEED Cu PRCIE > $3 to be comfortable but with $2.75ish that it is now, it ain't going to help us see a rising sp for sure... AU$ is pretty much in the 70.5-72c range for almost the last quarter...
Cu price alone can save us or a drastic drop in AISC (which I am not too hopeful of for now)...
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- Ann: Quarterly Activities Report - March Qtr 2019
Ann: Quarterly Activities Report - March Qtr 2019, page-99
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