copper price next year, page-3

Based on Friday's closing share price 0.350 and a move in economics from (US$3/lb copper) to (US$6/lb copper), without any other factors taken into consideration, here are my own personal conservative estimates on future share price:

$5/lb = 0.440
$6/lb = 0.525

I personally feel the share price will likely go much higher than this once 3 other factors are taken into consideration:

1) Finland project finance approval is announced (Q4 2010).
2) The Finland mine production commences (Q1 2012).
3) Xstrata take up there 51% option at Roseby (Q2 2012).

I strongly believe this is one of the best emerging copper plays on the ASX at the moment...

:-)
DamianWRX