Post by
copperminer on Aug 28, 2020 3:08pm
Like an Emerald, so green
Sept, Oct, Nov, & Dec are now all over $3.00. Did I not hear Russ say that every 0.25 cents on copper increase puts about $30 million on our bottom line?
Go Florence, lets make some EPS that's unheard of
cm
Comment by
CdnScorpion on Aug 28, 2020 4:36pm
I thought it was something like each penny was worth a million dollars...
Comment by
nofluff on Aug 28, 2020 5:17pm
Quite easy math. Tko gib share per year 100 million pounds. 25 cents is 25 million to bottom line. It also brings our insitiu value higher. That is where the real leverage will b soon. Gold prices r bringing harmony into pic. Gib produces gold. Never mentioned though. Np becomes very attractive with its high gold content. Ymi has some nice gold. Alley is there as well. nf
Comment by
CdnScorpion on Aug 28, 2020 5:35pm
Haven't heard much about Harmony in a long time. Just refreshed my memory and 64 million tons @ 1.35 g/t @ $62.37/g is about $5.4 billion sitting there in the ground.
Comment by
nofluff on Aug 28, 2020 5:37pm
And just scratched the surface for exploration. nf