RE: Hmmm...Admittedly I was offMy interpretation of the Jan 15,2008 NR is that Amerigo's Realized Price for copper in Q,2007(including $0.40 negative price adjustments and after Smelting charges) will be in the $2.53/lb region. Based on this price and sales assumption at approx. 9.25 million pounds of copper(note: production identified in NR at 9.52 million pounds) and including allowing for the Moly production, $0.04 earnings per basic share for Q4 would be a fair expectation when full results are published.
The prospects for Q1,2008 will probably be again impacted IMHO by some negative adjustments(due to the price of copper which was over $3.55/lb in the first half of Q4,2007), but only time will tell as we encounter copper price volatility in early 2008. Maintaining production growth is of course the other big challange for Amerigo,
Peace,
Good Decision-making to All,
ElJ