In relation to the gold, 11,000 ounces x $470 = $5,170,000.
Adding $5 million to revenue estimates helps but forecast revenue is still taking a big hit from the fall in the copper price.
If the copper price falls more, this will get ugly very quickly.
With China's construction falling off a cliff, I don't expect the copper price to recovery any time soon.
I hope I'm wring and the copper price goes through the roof but I really don't see this happening.
In relation to the gold, 11,000 ounces x $470 =...
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