AUQ alara resources limited

I'm tipping that it is 1150 WMT or DMT of concentrate -...

  1. RSD
    4,351 Posts.
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    I'm tipping that it is 1150 WMT or DMT of concentrate - certainly won't be 1150 tons of copper as that would far exceed the capacity of the plant even if everything was working 100%. The last shipment had 186 tons of contained copper in 1252 wet metric tons of concentrate - so the concentrate contained 14.85% copper. Applying that same percentage to 1150 tons (assuming that it is WMT - they haven't told us whether it is 1150 WMT or 1150 DMT because once again their announcement is completely half-arsed) - gives about 171 MT of contained copper - roughly US$1.6 million or Australian $2.4 million.
 
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