copper new record high, page-2

roh,

We must all become accustomed to rising copper prices until copper prices reach about $US 7 per pound. At that point, the high levels will impact on consumption levels.

And we should also pause to reflect on the fact that the economics of CDU's Rocklands was estimated using only $US 2 per pound, at which level Cudeco would be VERY, VERY profitable. Copper prices above $US 2 flow directly to the bottom line known by us all as "profit". Conix