GREY:MWSWF - Post by User
Post by
jermiah777on Jan 12, 2015 9:44pm
127 Views
Post# 23311868
Future Price of Copper
Future Price of CopperDoes anyone on this board know what the "all-in" costs are projected to be for this copper producer? Other copper companies I am following have ALL-IN costs close to 2.50. So, if copper falls below 2.50 then these companies only make money off the copper they sold on a contract basis...(hedging). But on the world market they wouldn't make money until copper prices go back up. Does anyone know if this company has potential customers already lined up ready to pay an agreed upon price for their copper?. It seems so obvious based upon the recent financing that this company's share price should be over 12c at somepoint in the future. But you have to wonder where are copper prices going? And how much will they influence investors here