OTCPK:CPPMF - Post by User
Comment by
geezer21on Sep 30, 2021 8:39pm
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Post# 33950543
RE:Last chance technically
RE:Last chance technicallyAs you say, looks like the bottom is in with copper price leveling off since June to about 10% below a peak of $4.60 in May and down to February - April price levels and now standing at about $4.10.
Revenue should not be impacted with commissioning of a third ball mill, a 9% increase of 5ktpd to 45ktpd offsetting the copper price pull back. Also higher grades are now being run through and all-in cash costs are staying at the same level.