at 1.4% grade cu, trending higher, and costs of say $2.10 US$/lb trending lower, you'd have to think they were making at least US$1/lb - then you account for a 20% rise in the $USD (!!)...Then, if costs at Armenia are very small, I wonder what sort of money they are going to make this quarter?
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at 1.4% grade cu, trending higher, and costs of say $2.10 US$/lb...
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