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Bullboard - Stock Discussion Forum 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... see more

TSX:ARG - Post Discussion

Amerigo Resources Ltd > Anyone know if/where they have that table illustrating
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Post by drunk@noon on Jan 11, 2023 7:56am

Anyone know if/where they have that table illustrating

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.
Comment by lscfa on Jan 11, 2023 10:24am
  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 ...more  
Comment by lscfa on Jan 11, 2023 10:26am
  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 ...more  
Comment by lscfa on Jan 11, 2023 10:28am
  Amerigo’s financial performance is very sensitive to changes in copper prices. At June 30, 2022, the Company’s provisional copper price was $4.10/lb3, and final prices for April, May and June 2022 sales will be the average London Metal Exchange (“LME”) prices for July, August and September 2022, respectively. A 10% increase or decrease from the $4.10/lb3 provisional price used on ...more  
Comment by goldens on Jan 11, 2023 7:20pm
Next quarterly should be a very positive report. Rising copper prices will likely mean higher settlements rather than the charges we have seen in the past 2 quarters when prices were falling. It is hard to believe we are under $2 but if you look at the chart we are running pretty hot. Some are calling for $10 copper which I find hard to believe but a floor of $4 is possible in my opinion which ...more  
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