Amerigo Resources Ltd T.ARG

Any estimates out there for earnings for the 4th quarter

[savyinvestor333]

Would i be out of line with a guess of $.09 per share?

[PERRY1]

i'm thinking 09 is low more like 15? copper price average 326 lb for 4th Q. we should see a good run.if copper stays high share price should be 240 by end 2021 and we well have a (div)

[savyinvestor333]

Nice! They already stated they expect around 20% more production and around a 10% reduction in cost this quarter over the last. They will also be getting a good chunk of change from the resettling of last quarters prices. Quote MVC’s financial performance is very sensitive to changes in copper prices. MVC’s Q3-2020 provisional copper price was $3.04/lb, and final prices will be the average London

[goldens]

On average of those 3 months we are about %15 above the $3.04 mark. That could add about $7million to expected revenue!