yep, without knowing what the base rates used were we can only guess.....
but based on the copper sensitivity, with copper being up 60c in the last 60 days:
and a 5c move being a $9m impact.....
we can expect about a $108m (60/5*9)improvement in profit based on copper price alone.
obviously gold price and AUS$ are the other main variables. with AUS$ moving against us, but we dont know what the base case assumption was in the forecast (it may have been 75c, so we may be still better off?)
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