TC we have been over this. you are looking at total throughput and you cant do this. this includes gold and silver. if you read the announcement, it states clearly $1/lb. this i assume is for copper only (as i guess it costs more to get the precious metals out of the ground and the other mine i think is more expensive to run). i didnt pick up the fact that there was a delivery at start of october. does add a little to the basic cash flow analysis i provided. if copper turns around will be good.
one thing i do hate though, is quoting GSJBW. they have a huge vested interest in this company. they organise the funding and also have a large number of options. basically i would prefer an analyst over them on this stock for an unbiased view of the qtrly report.
PNA Price at posting:
17.5¢ Sentiment: LT Buy Disclosure: Held