Gross cash flow:
12,000 tonnes
2004 pounds in a tonne
US$2.261 Friday closing price.
12,000 x 2004 x $2.261 = $US49,562,928,000
18,000 x 2004 x $2.61 = $US 74,344,392,000
Plus 75% of the gold value at around 7000 ounces currently $1260.
AVB's benefit from higher copper prices is substantial. If copper continues to rise the ability of AVB to self fund PB for example would be improved