The Bailleau Holst forecasts from Feb 16 are a good point of reference which detail the underlying assumptions. Unfortunately the low point in the copper price forecast came before the cut back was completed and caused a near death cash flow crisis.
With that hopefully behind us and lower strip ratios and higher grades coming they indicate that we could see operating cash flows of circa $90m / annum at a coper price of $au3.60 lb.
The Bailleau Holst forecasts from Feb 16 are a good point of...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
