AUK
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16.7% 0.5¢ aumake limited.

re: Ann: Positive Scoping Study Results for R... so the scoping...

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  1. theboywonder
    628 Posts.
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    13/03/14
    18:11
    Post #: 13123008
    re: Ann: Positive Scoping Study Results for R... so the scoping study uses a Cu price of $7900 a ton

    hmm... todays LME price is $1500 less than that and China may be over stocked

    so assuming 2mt pa ( which is their own top estimate) at 0.16% copper that means a reduction in profit of nearly $5 mill a year

    before contingency

    DYOR

    was toying with buying back in and still thinking
    AUK Price at posting: 4.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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