Imperial Metals Corp T.III

Price of CU

[Temeraire2]

Will be interesting to learn of the timing of CU sales this past quarter.  The month isnt yet over but I struggle to think that we'll get the advantage of the price move of the past few weeks.  Should be a "good" quarter nonetheless if grades and throughput match q2.....

[miningfundi]

It is difficult to reconcile metal market prices versus the prices recorded by III because of concentrate shipments, settlement price adjustments, and exchange rates during a quarter. But metal prices recorded by III during the last quarter were Cu US$3.95 lb and Au US$2,172 oz. compared to market prices of US$4.42 and US$2,338. Good luck analysing that! Any suggestions regarding the metal

[Temeraire2]

Curious how Glencore, Vitol, Trafigura, ABX, manage to successfully hedge metals.  There is a reason for using Investment Banskters - not all of the expertise available is valueless.....