GREY:NEVDQ - Post by User
Comment by
Notgnuon Apr 17, 2021 9:37pm
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Post# 33018102
RE:RE:RE:Which warrants
RE:RE:RE:Which warrantsYes, you are right newstock44. Well spotted.
I usually use the copper price as a price per pound so $6.50 would be $14,300 per tonne LME, which indeed does use metric tonne.
As for the other calculations I have been putting forth such as tons per day of mining, hoisting or milling and the pounds of copper that produces, those numbers, I believe are all in imperial measurement thus 2,000 pounds per ton.
Regards,
N.
Newstock44 wrote: But if good news happens before next January won't the other warrants be a better buy. Thanks for all your figures but I think a tonne is 2200 ex last high was 93362200 =4.24 so 13000 would be $5.91 FYI cheers and stay safe NS