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0.00% 1.9¢ discovery metals limited

I calculate that they made 518 tonnes of copper last quarter...

  1. chibrown
    1,362 Posts.
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    04/01/14
    09:48
    Post #: 12766586
    I calculate that they made 518 tonnes of copper last quarter which equates to 3.6 million

    This quarter 336 tonnes of copper which is about 3.8 million

    So they are producing some income

    Squeeze all costs to 2.00 per pound and 1.00 per pound for debt

    Anything above 3 is profit

    9 mt to produce 618 tonnes of copper I. Q1 2014

    Gee the grade is lower than predicted
    DML Price at posting: 5.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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