Can someone pls explain to me how is it possible to get only $A12.5M on 2 shipments of roughly 1800 tonnes copper metal (728 + approx. 1100 as mentioned in previous announcements).
Given the price of copper (lets say at worst case is $A9500/t with $A = $US 0.75), then I would've expected sales revenue in this scenario at least A17.1M.
The report states sales revenue was $US 3.30\lb which is equal to $US 7,260\t (or approx. $AUD 9680\t given the same xchange rate as above), so the amount received must be slightly more.
Also, if 3,166t of copper metal is produced then shouldn't this equate to approx. $30M gross (@ $AUD 9680\t) which was forecast during the Sept qtr ?
Am I getting my numbers mixed up here or is this what we expected ?
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