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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
Comment by Taran83on Apr 29, 2013 1:53am
163 Views
Post# 21312670

RE: Fair Value at Copper prices

RE: Fair Value at Copper prices

Hello TheRock,

thank you for your calculations. What I don't quite understand is, how you get to the royality cost of 0.12$/lb. In 2012, they paid 0.85$/lb, as far as I remember. Of course, the royality is dependant on the copper price, however, 0.12$/lb seems to be very low.

GLTA,

Taran

Bullboard Posts