If we are going to run the whole way down the line lets average out the costs on the gold and copper production cause one doesn't happen without the other, lets factor in the recent large depreciation of the Australian dollar and the gains in copper price over the last 3 months.
The fact is the price could half and sandfire would still be making money today as it stands, if you want to go down the rabbit hole lets go all the way to bottom not just far enough down to justify your argument.
cancer in commodities, page-14
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$10.34 |
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Mkt cap ! $4.190B | |||
| Open | High | Low | Value | Volume |
| $10.42 | $10.52 | $10.34 | $3.653M | 350.9K |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 976 | $10.34 |
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| Price($) | Vol. | No. |
|---|---|---|
| $10.35 | 8141 | 27 |
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