"The net margin based on the current copper price of $US3.16 lb is about $US1.20lb.
They expect to start with a small starter project which would probably have an all up cost of say $US15- 20 Million."
no doubt it's a compelling project but i think it's wise to leave the economics of the project to the to management rather than throwing up you speculative figures....
Flow sheet design & metalurgical test work due in the coming motnhs... hopefully by end of quarter
patience
AVB Price at posting:
3.1¢ Sentiment: Hold Disclosure: Held
