Yeah .. sorry. I meant U$3.25 per pound. It still does not add...

Yeah .. sorry. I meant U$3.25 per pound. It still does not add up though. Just a thought ... at which point is the sold value of the copper actually booked, at the point of delivery or when the money is actually received?
In every statement so far the company has been highlighting the fact that it operates on an unhedged order book and hence I would expect the average price to be a lot higher. There must be some explanation of why not, otherwise it just does not make much sense.