GREY:MLKKF - Post by User
Comment by
twonxanityon Apr 02, 2010 1:13pm
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Post# 16952245
RE: RBC take on earnings release
RE: RBC take on earnings releaseCosts were as follows:
Direct Cost Per # Copper Produced
Freight, Smelting, and Refining 0.69 0 .29 0 .57 0.57 1.28
Mining 0.62 0 .54 0 .37 0.71 0.90
Processing 1 .55 1 .32 1 .50 1.64 1.72
Administration 0.23 0 .27 0 .19 0.27 0.22
Total Direct Cost Per Pound 2 .40 2 .41 2 .63 3.20 4.11
Copper in Inventory Adjustment 0 .15 0 .21 0 .13 0.15 0.13
Direct Cost Per # Copper Adjusted for Inventory 2.55 2.62 2.76 3.35 4.24
Not much of an explanation for the increase except increased production.