the reason I wanted to do a chart that had gold/copper and not copper/nickel/lead, is im actually a huge gold bull, im one of these people that think gold will, get to $5000/oz in the next 5-10yrs because the world is at record debt levels and the only reason the west is still growing is because interest rates are artificially low and money is so cheap, I ink the US$ will have a major fall eventually, as all that debt and low %Rates are unsustainable, the chickens will come home to roost eventually, I have my fingers crossed, when gold rallies that copper will hopefully follow even a little bit of the % gain that gold goes.
By the way, our AISC for copper at $1.60/lb, yet copper now is $2.19, that's over 30% above our AISC price, since spot copper is so much higher than the AISC, why is AVB near all time lows?
its not like AISC are $2 and copper is $2.10, we have a great buffer in terms of production costs and spot copper prices.
- Forums
- ASX - By Stock
- AVB
- Ann: Pedra Branca Video-AVB.AX
Ann: Pedra Branca Video-AVB.AX, page-45
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVB (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online