OZL 0.00% $26.44 oz minerals limited

Szaba,There is a high correlation between C1 cash costs, copper...

  1. 5,227 Posts.
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    Szaba,

    There is a high correlation between C1 cash costs, copper price, and mine life.

    C1 has gone from 40c to $1.50 (over a number of years, but the trend is there)

    Mine life has been falling YOY, with no CAPEX allocated to date to bring on sufficient copper volume to extend mine life at 100,000tpa. (C is the plan but no CAPEX has been allocated).

    The above 2, combined with falling Copper price will tend to create a negative outlook on the stock price.

    HT1
 
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