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Amerigo Resources Ltd T.ARG

Alternate Symbol(s):  ARREF

Amerigo Resources Ltd. is a Canada-based copper producer. The Company owns a 100% interest in Minera Valle Central S.A. (MVC), a producer of copper concentrates. MVC, located in Chile, has a long-term contract with the El Teniente Division (DET) of Corporacion Nacional del Cobre de Chile (Codelco) to process fresh and historic tailings from El Teniente. The Company operates in one segment, the production of copper concentrates under a tolling agreement with DET.


TSX:ARG - Post by User

Bullboard Posts
Post by STE15165on Jan 17, 2013 3:10pm
203 Views
Post# 20852740

Electric rate

Electric rate

It's fixed at 6 cents for the next five years. I believe your figure of 9 cents is a projection when the plant expansion takes place. This blends in the electrical value at 6 cents to a certain megawatt value. After that you are exposed to market prices.

Bullboard Posts