RE:RE:factoriesSo equity price should b based on potential profit going forward. In mining metal price is the main factor in equity profit.
I think we r getting close to trusting high metal prices.
Hopefully we can have funds to build flor and gib expansion by this time next year. Then hopefully we can stop the money losing hedge programs that r neccesary at thus point.
Imagine if copper spikes to 12.00 cad for the 1rst 6 months of 2022. Our hedge costs us about 300 million dollars cad.
nf