Mentalist123. Not sure of terms TNC have, but generally copper sulphate is priced based on copper content and often with a 10% premium to the copper price, H, O and S content is irrelevant in pricing. You also need to do a bit more research on the definitions of dry and wet product, which should only apply to the free moisture content as chemically bound H2O does not have an effect on the flowability of the product in storage or transport. Probably will see in the future direct shipping of liquid from the SX to local Zinc flotation plants come up as an option. My reference to TBA is respect to production will be nowhere near announcements. Production by heap leaching requires a rate of new ore stacking to match leach depletion. Total copper content stacked is not involved, just the amount of leachable copper and the leach rate achieved. The ore reserves in the announcement will not deliver the production predictions.
TNC Price at posting:
21.0¢ Sentiment: None Disclosure: Not Held
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