CUO copperco limited

Can someone explain something to me.P.30 of the investor...

  1. 168 Posts.
    Can someone explain something to me.

    P.30 of the investor briefing (3rd August). The graph shows a base case (19000t cu) with spot prices of $US2.20.... With revenue of 1000 (A$Millions)

    = 1 billion dollars of revenue and EBIT of 400 million.

    I must be stupid... they say $10.5M for August which is approximately $150M revenue for the year.. and ramp up to maybe $250M revenue.... This is nothing like 1 billion dollars revenue liek teh prospectus says.

    I must be reading something wrong???
 
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