whats interesting to note is that the AUD metal prices have only really been affected by about 5% for copper and actually increased for cobalt, thats assuming a baseline of (3.35cu and 0.95 conversion) for copper. Sensitivity analysis on all the other factors and operating costs for raw materials is nearly impossible to fathom however correct me if im wrong but my back of the paper calculations indicate a better positin than when we had the higher metal prices and high AUD
CMR Price at posting:
43.5¢ Sentiment: Buy Disclosure: Held