First Quantum Minerals Ltd T.FM

Alternate Symbol(s): FQVLF

Metals & Mining Copper

First Quantum Minerals Ltd. is a Canada-based global copper company. The Company produces copper in the form of concentrate, cathode and anode and has inventories of nickel, gold and cobalt. It is engaged in the production of copper, nickel, gold and silver, and related activities including exploration and development. The Company's operating mines include Cobre Panama, Kansanshi, Sentinel, Cobre Las Cruces, Cayeli, Guelb Moghrein, Ravensthorpe and Pyhasalmi. Its development projects include Enterprise, Haquira, Taca Taca and La Granja. Its operating segments include Cobre Panama, Kansanshi, Trident and Ravensthorpe. The Cobre Panama project comprises a series of copper porphyry deposits with main deposits, such as Balboa, Botija, Colina and Valle Grande. The Trident segment includes the Sentinel copper mine and the Enterprise Nickel development project. Its Ravensthorpe Nickel Operation is an open pit mine and primary processing plant located in the southwest of Western Australia.

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First Quantum Minerals Ltd

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Post by 1crisisatatimeon Feb 17, 2016 11:46am

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Post# 24566372

Based on 2016 guidance...some #'s

Looking at the 2016 guidance, I extrapolated and the total income from ore (please check your own figures as I have made MANY errors in the past!!!) is app $28,339,163,000.00! That is based on today's spot prices for Copper $3,605,720,000, Nickel $4,774,400,000, Gold 215 tonnes or $8,345,444,000, Zinc $6,181,760,000, Platinum $1,059,520,000 and Palladium $$4,432,320.000. which totals over 28 billion! I understand costs are higher but fuel is at a huge discount, which helps hopefully and either way you slice it, to get into FM around 4 or even 5 dollars is a steal!! jmo and please do your own dd.

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