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Amerigo Resources Ltd T.ARG

Alternate Symbol(s):  ARREF

Amerigo Resources Ltd. is a Canada-based copper producer. The Company owns a 100% interest in Minera Valle Central S.A. (MVC), a producer of copper concentrates. MVC, located in Chile, has a long-term contract with the El Teniente Division (DET) of Corporacion Nacional del Cobre de Chile (Codelco) to process fresh and historic tailings from El Teniente. The Company operates in one segment, the production of copper concentrates under a tolling agreement with DET.


TSX:ARG - Post by User

Comment by lscfaon Jan 11, 2023 10:26am
117 Views
Post# 35215635

RE:RE:Anyone know if/where they have that table illustrating

RE:RE:Anyone know if/where they have that table illustrating

lscfa wrote:

drunk@noon wrote: the cashflow they generate when copper is at vaious prices. i.e /$3.60/3.80/$4/$4.20 per lb.
They use to have that table in all their presentations. Know I cannot find it.
It is obvously  usefull to any astute investor.

 

  • Amerigo’s financial performance is very sensitive to changes in copper prices. At March 31, 2022, the Company’s provisional copper price was $4.64/lb, and final prices for January, February, and March 2022 sales will be the average London Metal Exchange prices for April, May, and June 2022, respectively. A 10% increase or decrease from the $4.64/lb provisional price would result in a $7.6 million change in revenue in Q2-2022 in respect of Q1-2022 production.

 

  • Amerigo’s financial performance is very sensitive to changes in copper prices. MVC’s Q3-2022 provisional copper price was $3.50/lb3, and final prices for July, August, and September sales will be the average London Metal Exchange (“LME”) prices for October, November, and December, respectively. A 10% increase or decrease from the $3.50/lb3 provisional price used on September 30, 2022 would result in a $5.7 million change in revenue in Q4-2022 in respect of Q3-2022 production.
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