Post by
iceman28 on May 16, 2013 9:55am
potential
anybody knows how much cashflow we can expect from the copper stream??
Comment by
damag on May 16, 2013 10:13am
Production is estimated to be 21M lbs per year and we get 24.5% of that at a cost of $.80 / lb, so assuming copper is priced at $3.20: 21M * .245 * ($3.2 - $.8) = $12.34M So we should be getting over $12M per year from this stream.