LeverageEven only .50 cents on copper price drives our bottom line inside out. And the bottom line drives our Earnings per Share, which in turn drives our SP
An EPS of .05 cents x 4 Qtrs = .20 cents x 15.71 = $3,15 cents SP.
If copper does not come up by .50 cents. the Florence comes up with 85M lbs at C1 $1.20 Ho Ho!
Likely both situations will happen. The bigs must be watching, they better act before the YMI goes into mine build. Or we keep it all, paying the shareholders a dividend that represents shareholder loyalty
Nice!