CPM cooper metals limited

Ann: Ground geophysics identify robust conductors at Mt Isa East, page-67

  1. 2,415 Posts.
    lightbulb Created with Sketch. 417
    Another boring chart eh! lol You have given me an idea!

    Lets try this exercise!

    Convert my previous hypothetical Python copper MRE to Aussie Dollars.

    14230 tonne cu = 31 371 780 pounds @ 4.7760 USD per pound = $149 831 621 USD, converted from 1USD to 1.37AUD.
    = $205 269 321 AUD.

    I have no idea what costs are to produce? someone else maybe can help, but remember the gold content is not calculated either.

    205.269 million AUD of copper!
    What was CPM MC? 14.05 million AUD.

    Hypothetical MRE of course and drilling assays give us true numbers.

    I have based this on a low 1% cu content so hardly aiming for blue sky.

    Gives a good indication of how an innocuous report can translate into cash.
 
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