AVM 11.5% 2.9¢ advance metals limited

copper price fantastic, page-2

  1. 2,242 Posts.
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    Hi Miningnut.

    question for you or others on the price AVM recieves for its copper concentrate. I presume that if they produce a pound equivalent of copper in concentrate form then they receive the coppper price per pound less deductions for refining fees etc. Do you have a ball park number for this - eg does 1 lb of copper in concentrate translate into 90% of the price of 1 pound of copper?

    If I understand correctly, AVM doesn't actually produce any refined copper so its the effective price for concentrate that drives their top line.

    Cheers
    Zinc
 
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