AAR 0.00% 7.8¢ astral resources nl

True HangSeng, but you forget the MASSIVE qty we have in copper...

  1. 519 Posts.
    True HangSeng, but you forget the MASSIVE qty we have in copper & the amount of profit that will come out of it.

    cupper price now US$3.02/lb while cost is only around AUD$1.47.

    Which means that the 10% only sensitivity only applis for Zn not cu, so even if zn had to come out with a loss, copper profits will defenitely take care of task of showing all the profits.

    there are also gold & silver in sandeigo & these also will have amazing profit figures!!

    cheers,
 
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