to claim Anvil will be "marginal" @ 1,40 is nonsense.
Fact is total cash costs are around 0,80 including
TCR charges and after AG credits. In case copper will
come down sharply then will come down also the
refinery charge (and the NSR) and in such a scenario it is also likely that other costs will come down too, like energy pricesfor instance.
Moreover Anvil could easily stop blending at Diki and
only process high grade ore of > 9% with accordingly
high AG contents. Hence this stuff will surely mined
VERY profitable, volume though will be smaller as will be
mine life.
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- copper price at a record
to claim Anvil will be "marginal" @ 1,40 is nonsense.Fact is...
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