PNX 0.00% 0.4¢ pnx metals limited

undervalued?, page-11

  1. 12,893 Posts.
    Yes Fluffy,
    Every US$0.10/lb should add about $330K to the bottom line based on the current projected operating parameters. Compared to the revised financial projections released on the 16th of July, which used a price of A$7,550/tonne, there should be approximately a A$600K per annum improvement due to the increase in the price of Copper to A$8,000/tonne. If the company implements improvements at the front and back ends of the process this amount would be higher still.

    I just hope the implementation of the strategy goes according to plan but at this stage I see no reason why it wont.

    Cheers
    Aksier.
 
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