copper price fantastic

There's no keeping the copper price down even with increasing LME stocks - let's hope it keeps on keeping on - for any newbies reading this AVM is completely unhedged and is currently producing at the rate of over 50 mil lbs of copper per annum with substantial unhedged silver credits.Its Total costs will be 65c/lb(after silver credits) this quarter & the price it receives is the 3 month LME price which is currently around $1.65/lb - it doesn't take much of a mathematician to work out how much it could make in a full year if production & prices are maintained.