Re Price Protection
Nobody came here to gamble the farm. This news of price protection is a company builder, really sets us in concrete, ability to withstand high winds of price changes
The numbers unfold as follows, guidance for 2021- 125MLbs, 25% to our partner, leaving us with 94M Lbs, then 41M Lds for the put, leaving us with 53M Lbs for the open market. If copper could aveage around $4.20 per Lb thru the next nine months, our overall average for the year would be around $4.00USD.
Pretty well guarrantees smooth sailing for the Florence, Nice, the Florence is the goal.