ICO bfs chart for $20 Cobalt price has the mine making a profit. Copper price is $1.04/lb higher than the bfs and Gold at $116/oz higher currently. I understand that inflation has increased our costs but at least copper and gold prices are offsetting some of those costs.
The chart below shows a profit of $38 million with Cobalt at $20 and copper at $3 and Gold at $1750/oz.
ICO bfs chart for $20 Cobalt price has the mine making a profit....
Add JRV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $28.37M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $26.73K | 2.599M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 5860357 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1359566 | 9 |
View Market Depth
| Last trade - 12.29pm 04/09/2024 (20 minute delay) ? |
| JRV (ASX) Chart |