Total operating cost $1.33/lbProdn,approx 130mil lb per...

Total operating cost $1.33/lb
Prodn,approx 130mil lb per year
Copper price $4.55/lb

Quick calcs show kinsevere2 will make $418M a year? in PROFIT at todays copper prices.
Market Capitalization January 17, 2011:$1.0 billion

And that can be starting this year. This will easily hit $20 if the ramp up is successful.

▪Summary

Kinsevere Stage II is starting to gain momentum:
All essential equipment on site,
Overall completion of 82%,
Great deal of construction flexibility,
▪ Kinsevere Stage II SX-EW is now Anvil�s flagship project:
It will be a low-cost, long-life, 60,000 tpa cathode copper producer,
Cash Cost expected to be $1.00 per pound, including royalties(1)
Production will be approximately 130 million pounds of copper per year,
Our focus now is on delivering the SX-EW project for Q2 2011.
▪ There is significant upside potential with sulphide resources at Kinsevere with
the best sulphide intersection being 272 metres at an average grade of 3.2% Cu
▪ Finally, Anvil and its strategic partner Trafigura have a shared vision of
building a leading copper producer in the DRC, and Kinsevere Stage II will
provide the platform to do this.