Going by 30 Sept announcement
The bottom line result was based on initial sales revenue of $3.8 million
generated from initial copper concentrate sales from the Surda Operation,
which commenced copper concentrate delivery in December 2007
Copper concentrate production has also been steadily building, with 1,335
tonnes grading 23.5% Cu produced in the March Quarter and 2,073 tonnes
grading 24.53% Cu in the June Quarter
If the $3.8m is for March then price is $2,846/t. If the $3.8m covers both March and June, price is $1,115/t.
Current price per tonne is
Copper for three-months delivery on the London Metal Exchange fell to $3,815 per tonne, its lowest since October 2005, before closing at $4,040, compared with $4,160 at the close Wednesday
May have cocked this up but the sale price looks extremely cheap.
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