These metal prices should help it along! AUD 0.7851..........

These metal prices should help it along!

AUD 0.7851....... (0.7782)

Copper US$6409 becomes $8163 in Aussie.
Lead US$2119 becomes $2699 in Aussie.
Zinc US$2343 becomes $2984 in Aussie.
Tin US$16,050 becomes $29,443 in Aussie.

From the last quarterly report, it had as averages:
Copper at US$5796 so in U.S. Dollars the difference is $613 (+10%).
Lead at US$1751 so in U.S. Dollars the difference is up $368 (+21%).
Zinc at US$2049 so in U.S. Dollars the difference is up $294 (+14%).

I'll try to check what assumptions JB is making with the exchange rate and prices for this next quarterly. I was told once that it is the spot price and my figures are for the 3-month price, but my revenue was out from what is expected. I get $68 million revenue for the year using $17 million for the quarter, but if you use the production figures and 3-month prices converted to Aussie dollars, it's well over $100 million and climbing.

Either way, I'm happy now that we are actually making money.

;-)

LONDON, May 1 (Xinhua) -- The base metal prices on the London Metal Exchange (LME) closed higher mostly on Friday.

The three-month unofficial copper price increased 125 U.S. dollars, or 1.99 percent, to 6,409 U.S. dollars per tonne.

The three-month unofficial aluminium price increased 2 U.S. dollars, or 0.10 percent, to 1,919 U.S. dollars a tonne.

The three-month unofficial lead price increased 25 U.S. dollars, or 1.19 percent, to 2,119 U.S. dollars a tonne.

Besides, the three-month unofficial zinc price increased 20 U.S. dollars, or 0.86 percent, to 2,343 U.S. dollars a tonne.

The three-month unofficial nickel price increased 35 U.S. dollars, or 0.25 percent, to 13,850 U.S. dollars a tonne.

The three-month unofficial tin price lost 100 U.S. dollars, or 0.62 percent, to 16,050 U.S. dollars a tonne.

www.globalpost.com/article/6535140/2015/05/01/lme-base-metals-close-higher-mostly-friday