A1M 1.67% 29.5¢ aic mines limited

Ann: Successful $57.2m Placement, page-17

  1. 6,714 Posts.
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    Just to dream a little, if the Copper priced reached US$40,000/t as suggested by this hedge fund manager, A1M's earnings would go nuts. Assuming we hit the current 20,000t/year target for Cu production, the annual revenue would be 20,000 x $40,000/0.66 = A$1210 million, with an annual profit of 20,000 x (40,000 - 7520)/0.66 = A$984 million (81% gross margin).

    All IMHO, DYOR




 
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