Share price just went BANG - up 25%.
Will be processing ore until Q3 2020.
Revenue of $47.3m for the quarter.
10 quarters to go until Q3 2020. Roughly $470m in revenue.
Around 4 of those quarters will have no mining costs as the copper will be coming off the stockpile. That alone is worth roughly an extra $50m in cashflow on top of current cashflows.
Could be roughly $250m in positive cash flow coming out of this operation.
Ann: Activity Report for Quarter Ended 31 March 2018, page-2
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