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Duluth Metals Ltd DULMF



GREY:DULMF - Post by User

Comment by DearBear6on May 30, 2013 2:27pm
120 Views
Post# 21462273

RE: Hey Shootforthemoon

RE: Hey Shootforthemoon

A negative cash cost is referring to the cost that it would take to extract just the copper from DM. A negative cash cost means that DM would have zero costs to extract copper, because the revenues from the other metals(nickel, plat, pall, gold) would pay for the costs to extract the copper. If you are looking at the costs of extracting the copper and nickel, then you have only the precious metals palladium, platinum, and gold revenues to subtract from the costs of extracting the copper and the nickel, which makes it a positive 10 cents cost overall. 

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