TODAY
MELBOURNE, Feb 20 (Reuters) -
Three-month copper on the London Metal Exchange rose by 0.7 percent to $6,000 a tonne.
Prices hit $6,204 a week ago.
Shanghai Futures Exchange copper was steady at $7,079 a tonne.
APRIL 2016. MAIDEN HIGH-GRADE MINERAL RESOURCE FOR MONTY DEPOSIT
99,000 tonne COPPER and 55,000 oz GOLD
COPPER Price in APRIL 2016 approx $4855 USD per tonne.
COPPER Price TODAY approx $6000 USD per tonne.
DIFFERENCE $1526 AUD per tonne.
99,000 tonne x $1526AUD =$151,140,000.00
TLM's 30% approx $45,340,000.
TLM SHARES on issue 185,000,000
Added value per share of 0.25c for doing nothing!!!
Imagine if they were actually doing something!!
Whoever wants to buy us out better get a hurry on as it just keeps going up in price!
Oh, and by the way for all the sticklers out there, this was done in between sips of Chardy down at the club so apologies for any errors in calcs!
TLM Price at posting:
39.5¢ Sentiment: Hold Disclosure: Held
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