12,500 metric tonns x 2,200 = 27,500,000 lb of copper. With AISC of $1.67 lt gives us a spread of $0.4lb (in current copper environment) = 11mil EBIT. (just from expansion.. now try using these figures when copper is $2.9 (like we had earlier in the year). It ends up being $35mil US btw..
Whether u buy in on capital raising, before or after, i dont see why it matters. Long term we will be back to 40c again..
12,500 metric tonns x 2,200 = 27,500,000 lb of copper. With AISC...
-
- There are more pages in this discussion • 104 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)