OTCPK:CPPMF - Post by User
Comment by
Pat123on May 16, 2022 4:35pm
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Post# 34687373
RE:RE:RE:CMMC and Inflation
RE:RE:RE:CMMC and InflationMastermind. I understand your point but the interest rate on the bond will stay at 8% until maturity in 2026. The problem with a Copper price at $4 is that CMMC will have a hard time generating half the 2021 earnings. Lower copper price, higher diesel cost, inflation and poor maintenance decision will erode earnings substantially. Hoping the sale of Eva will provide that liquidity to reduce the debt.